A Flood of Toxic Loans in China Is a Bonanza for Debt Buyers

World News: . []

A Flood of Toxic Loans in China Is a Bonanza for Debt BuyersChinese distressed debt investors are seizing the upper hand in the big rush by banks to offload soured loans. For Wu Rui, with almost two decades of experience in the distressed debt business, that’s changed with bad loans soaring. “Most investors felt the pain in a market that was favorable to sellers in the past few years, but now it’s leaning to the buyers,” said Wu, executive director for mezzanine and credit investment at CDH Investments.


Read More: https://finance.yahoo.com/news/flood-toxic-loans-china-bonanza-011343942.html

Published: .

Search for other references to "flood" on SPi News


Share

Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
 
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.
 
Privacy Policy | Terms and Conditions | Contact Us