The non-performing loans of Chinese banks has been nagging at the back of investors'' minds for months. But the establishment of the asset management companies brings in asset recovery professionals for the first time in China''s recent history.
In the first interview with some of the senior figures in Asia''s loan markets, Clarence T''ao, regional head of syndications at BNP Paribas, assesses the year just gone and looks forward to 2002.
In what is becoming a rare event for Taiwan, DRAM and Flash memory manufacturer Nanya Technology will close out an NT$10 billion ($290.5 million) secondary offering by the end of this month.
As FarEasTone enters final selection procedures for a debut ADR, the Taiwanese government is said to be on the verge of deciding whether to re-engage investors with Chunghwa Telecom via a non-deal roadshow.