Creative strategies to avoid the appearance of non-payment are becoming more common in China’s domestic bond market. That leaves many investors at a disadvantage and uncertain of their rights.

Local firms have rapidly gone from being a reliable source of liquidity for dollar loans to taking a big step back from lending this year. The worst may be over, but cash is no longer king – caution is.

Street protests and a pandemic have forced Hong Kong’s bankers and investors to experiment with how they work and raise funds for clients – their innovations have been surprisingly successful and could well outlast the crises.

The bank has put international expansion at the centre of its strategy, and will not be deterred, despite a worsening trade war and the spread of the coronavirus.

Chinese issuers responded to Covid-19 by selling bonds that were designed to help fight the pandemic – in reality, only a fraction of the money raised was used to tackle problems created by the virus.

Family offices in China have grown from practically nothing 15 years ago to a hyper-competitive industry now. Zhang Yong, a former private banker who set up one of the country’s biggest multi-family offices, shows how the market has developed.

Hong Kong’s status as Asia’s leading financial centre is being undermined by politics. Can it survive?

Foreign banks hoping to break into China’s capital markets will have their chance at the end of 2020, but muscling in on primary capital markets could prove expensive and risky.

New banking rules have blown the competition wide open in South Korea, allowing banks to piggy-back off each other’s client relationships by offering a better mobile app.