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In China, where fintech is already ubiquitous, one company has set its sights on serving millions of SMEs neglected by the existing supply chain finance system.
Corporate treasurers in Hong Kong will watch pricing closely following the Moody's downgrades, though the wider outlook for local corporates is likely to remain robust.
Pacific Andes, once the world's biggest fish filleter, suspected by New York bankruptcy trustee of using cash raised to buy fish to fund $800 million takeover. The group denies the claim.
China’s central bank is pushing large companies and banks to get on board in a bid to relieve cashflow pain among China’s small businesses.
Borrowers in China are now faced with a clampdown as the banking watchdog sets oversight on how lenders should deal with the collateral pledged for loans.
Cash-strapped Chinese tech company loses finance head as a storm erupts over a loan to its electric car unit.
The Indian FMCG is working with the State Bank of India to provide non-recourse working capital financing for key distributors in India. CT explains how.
Before its stock rout, China Huishan Dairy Holdings was already running on a muddy path, haunted by its weak financial balance.
China’s central bank encourages manufacturers to set up centralised treasury units to improve their capital efficiency.
Chinese lenders could undergo a liquidity crunch as the central bank incorporates wealth management products as part of its regular credit assessment, CICC warns.