CreditSights logo
Forgot Password?

China Water Affairs Group

Search Results

Excerpts only. To access full content please login or request a free trial.

Asia Corporate Recommendations: December 2018

Asia Corporate Recommendations: 03 Dec 2018, 4:09 AM ET - New initiations this month include Agile 2020, KWG 2020, and China State Construction International perp with Market perform. Downgrades include Everre 6.25% 2021, H&H 2021 and Vedanta 2023 from Market perform to Underperform.

Oil & Gas: Slashing Oil Outlook, Downgrading E&Ps

Sector Analysis: 26 Nov 2018, 4:48 AM ET - We believe the recent 33% drop in oil prices is likely to be just the first leg of a deeper decline.  We are reducing our 2019 oil price view and recalibrating our IG and HY E&P investment recommendations to a more defensive position.
Focused

Asia Credit Calendar: Week of 26 November 2018

Strategy Analysis: 22 Nov 2018, 11:05 PM ET - China South City and China Water Affairs are expected to release their 1HFY19 results on Wednesday and Thursday respectively. Chinese local government financing vehicle (LGFV) Huaibei City will launch a $-bond roadshow on Tuesday.

Asia Corporate Recommendations: November 2018

Asia Corporate Recommendations: 01 Nov 2018, 4:38 AM ET - We lowered our recommendation on Anton Oilfield 2020 to Market perform. However, we upgraded our recommendations on a number of Chinese property bond issues and  initiated on the new Evergrande 2020 with an Outperform recommendation.

Asia Corporate Recommendations: October 2018

Asia Corporate Recommendations: 01 Oct 2018, 4:59 AM ET - We assigned an Outperform recommendation to the CGN $ bond complex and Market perform recommendations to Country Garden's new 2022 and 2024 bonds. We also raised our recommendation on Baidu 2019 to Outperform. 

Asia Credit Calendar: Week of 6 August 2018

Strategy Analysis: 03 Aug 2018, 12:05 AM ET - CQS will be seeking partial summary judgement against China Shanshui Cement in New York court next week. Reliance Communications has scheduled a meeting to consider proposals relating to restructuring of its $300 mn 6.5% 2020.

Asia Corporate Recommendations: August 2018

Asia Corporate Recommendations: 01 Aug 2018, 5:28 AM ET - This month's new initiations: Agile 2021, KWG 2021 and Sunac 8.625% 2020 with M/P. Upgrades include Agile bond complex and Jinmao 2018 to M/P. Downgrades include CNOOC bond complex and Baidu 2019 to M/P, Sunac 2021 and Vedanta 2024 to U/P.
Focused

Asia Corporate Recommendations: July 2018

Asia Corporate Recommendations: 02 Jul 2018, 6:01 AM ET - Escalating US-China trade tensions and refinancing concerns for Chinese issuers amid stricter credit controls continue to weigh on investor risk appetite. We downgraded our recommendations on Alam, Jababeka, Agile and Yanlord recently.

Asia Credit Calendar: Week of 25th June 2018

Strategy Analysis: 21 Jun 2018, 10:59 PM ET - Baidu will be holding its Investor Day next week. Country Garden Holdings will be organising its Capital Market Open Day in Jiangyang. China Construction Bank will be conducting its annual general meeting next week. 

Asia Corporate Recommendations: June 2018

Asia Corporate Recommendations: 01 Jun 2018, 4:20 AM ET - "Sell in May and go away" proved wise yet again. We maintain a defensive stance towards Asian high yield, despite the recent sell-off. 

Asia High Yield Snapshot: 2017 Full Year Edition

Asia High Yield Snapshot: 30 May 2018, 11:05 PM ET - Credit quality remains broadly healthy, although we see mixed trends ahead. We maintain our defensive stance towards Asian high yield. 

Asia Corporate Recommendations: March 2018

Asia Corporate Recommendations: 01 Mar 2018, 5:39 AM ET - We raised our recommendations on Jababeka 2023 and Yingde 2020 to Outperform and raised Baidu's short-dated bonds to Market perform. We also assigned an Outperform recommendation to Agile's new perp. 

Asia Corporate Recommendations: January 2018

Asia Corporate Recommendations: 01 Feb 2018, 3:37 AM ET - We raised our recommendations on Hongqiao 2018 and Beijing Capital Land 8.375% perp to Market perform, and lowered our recommendation on Indika 2023 to Market perform. We also lowered our recommendation on MIE 2018 to Market perform. 
Focused

Asia Corporate Recommendations: December 2017

Asia Corporate Recommendations: 02 Jan 2018, 2:45 AM ET - We raised our recommendations on Evergrande 7% 2020 and 6.25% 2021 to Market perform. We downgraded our recommendation on Road King 7% perpetuals to Underperform. We revise our recommendation on Indika 2023 to Market perform.

Asia Corporate Recommendations: November 2017

Asia Corporate Recommendations: 04 Dec 2017, 2:13 AM ET - We raised our recommendation on Alam Sutera 2022 to Outperform and assigned Outperform recommendations to the new Alibaba 2027, 2037, 2047 and 2057. We also assign an Outperform recommendation to the new Anton 2020. 
Focused

Asia Credit Calendar: Week of 27 November 2017

Strategy Analysis: 24 Nov 2017, 12:08 AM ET - Indika, Lippo Karawaci, China Water Affairs and China South City are expected to release results on Thursday. 

Asia Corporate Recommendations: October 2017

Asia Corporate Recommendations: 02 Nov 2017, 1:46 AM ET - We raised our recommendations on Gajah Tunggal 2022 to Outperform and the Road King 7% perp to Market perform. We lowered our recommendations on Indika  2022 to Market perform and the Greentown bond complex to Underperform. 

Asia Corporate Recommendations: August 2017

Asia Corporate Recommendations: 04 Sep 2017, 6:38 AM ET - Our recommendation changes and initiations last month included China Jinmao, Greentown, Greenland HK, Sunac, Agile, Geely Auto, Yingde Gases and Gajah Tunggal. 

Asia Corporate Recommendations: June 2017

Asia Corporate Recommendations: 03 Jul 2017, 5:20 AM ET - We raised our recommendations on Jababeka 7.5% 2019 and 6.5% 2023 from Underperform to Market perform, following our meeting and site visit with the Indonesian developer. 

Asia Credit: The Week Ahead, 26 June 2017

Strategy Analysis: 23 Jun 2017, 12:41 AM ET - Aluminium producer China Hongqiao's $400 mn 7.625% 2017 is due to mature on Monday. China Water Affairs (CWA) will report FY17 results on Thursday.

Request A Free Trial

CreditSights offers free trials to individuals in qualified institutions.

Sign up now >>

Refine Results