Hong Kong-based Logan Group Proposes Restructuring Its US$8b Offshore Debt

The Edge Markets22:16 ET

Longguang (03380) has made significant progress in the overall Overseas debt restructuring, receiving support from numerous creditors.

On January 6, LOGAN GROUP (03380) announced that significant progress has been made in the overall restructuring of its Overseas debts, and an overall restructuring plan for the Overseas debts has been launched, with several Overseas creditors having reached an agreement.

Zhitong Finance19:24 ET

Express News | Logan Group - as at Date, Aggregate Outstanding Principal Amount of Co's Total Offshore Indebtedness US$8,038 Mln

Reuters18:52 ET

China's Property Market Likely Boosted by Year-End Campaigns -- Market Talk

WSJJan 2 22:06 ET

It's once again the annual mortgage repricing day, and Banks personnel candidly state that "revenue pressure is increasing." How to stabilize the interest margin under the expectation of interest rate cuts?

① With the arrival of the repricing cycle on January 1st, many industry professionals who spoke with reporters from the Financial Association stated that "revenue pressure is increasing." ② Looking ahead to 2025, many experts believe that the policy interest rates need to be further lowered during the year, and mortgage rates will continue to decline. ③ From the perspective of the Industry, controlling costs remains the primary measure each bank is taking to ease the downward pressure on interest margins.

cls.cnJan 2 08:14 ET

Key cities in the real estate market showed a "tail-end" finish in December last year, with expectations for year-on-year growth still being positive in the first quarter.

In December, the real estate market concluded with a "tail-up" trend, and it is expected that there will still be positive year-on-year growth in the first quarter.

Zhitong FinanceJan 2 07:34 ET