Ken Wang covers China's ECM and the equity-linked market for IFR. Before joining Thomson Reuters IFR in January 2011, he worked as a stock editor for China Finance Online.
China has introduced new credit derivatives tools, which are closer to the global standard for credit-default swaps, as demand for credit protection has grown amid rising onshore defaults rates.
A growing number of overseas-listed Chinese companies have scrapped plans to float in the domestic market in recent months, after regulators raised concerns over the impact of a wave of backdoor listings.
The potential listing of an Anbang Insurance Group company in Hong Kong is dividing equity arrangers, as some rush to pitch and others feel the parent’s mysterious ownership structure raises too many risks.