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China's bad debt prices surge as investors vie for share of lucrative sector

Prices of non-performing loans in the country have risen more than 30% this year, according to distressed investor Belos Capital Asia Ltd

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The number of distressed investors is increasing as Chinese authorities encourage market-oriented ways to resolve lenders' mounting piles of non-performing debt amid slowing economic growth.

Hong Kong

BAD loans are rapidly becoming the latest hot commodity in China as more domestic and foreign investors rush into the market and bid up prices.

Prices of non-performing loans (NPLs) have risen more than 30 per cent this year, according to distressed investor Belos Capital

sentifi.com

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