China’s NPL (Non-Performinb Loan) market is getting bigger, but the business model is changing to favore services-oriented local manager who have a large, local, sustainable and scalable operation throughout China. Sino-Rock Investment Management Co Ltd based in HK brings a new dimension to NPL and Distressed Funds for Private Equity and Investors, with indepth knowhow, experience and understanding relations in China and the markets. With the backing of its major shareholder Cinda (China’s largest AMC of NPLs), SinoRock is on the way to become the new star manager in China’s bank related assets/debts.
Foreign managers are losing NPL legal battles because their legal-battle oriented strategy is not working due to new policies and local cultures. If NPL investment could be done by fighting legal battles, everyone could hire lawyers to fight legal battles to make profits. That’s not the case in China.
Source: SinoRock, October 2009
Additional News on China’s growing bank related assets/debts
- China Gains Confidence in Recovery 22.10.2009 GDP Rises 8.9% as Companies and Consumers Begin to Shake Their Reliance on Stimulus Measures.
- BT pension fund invests in distressed debt, August 11, 2009
- Multi-family office Shelterwood Financial is eyeing commodities, distressed debt and securities as banks continue to unload loans from their balance sheets, July 30, 2009
- Distressed Debt Funds’ Price of Success, July 29, 2009
- Bank of China Aims to Continue Lending Expansion, July 28, 2009
- Caijing Editorial: Reality Check for China’s Monetary Policy, July 23, 2009
- US based wealth advisor is currently searching for China-focused distressed funds, July 21, 2009
- There’s Gold in Them Hills – Private Equity and Distressed Investing, July 15, 2009
- Paulson’s Hedge Fund Buys Distressed Debt, Mortgage Securities, June 20, 2009
- Investors fear missing out on distressed debt, June 18, 2009
- Family offices and institutions request information about high-quality launches, June 16, 2009
- China’s Stock Bubble Passes Stiglitz Acid Test, May 15, 2009
- Hedge Funds See Asian Credit Opportunity, April 29, 2009
- Distressed assets investors see Asia bounty ahead, March 26, 2009
Filed under: Asia, Banking, China, News, Services, Wealth Management , Asset Manager, China 中国, Cinda Asset Management, Distress Debt, Economic Crisis, Hedge Fund, Investment, Joseph Stiglitz, NPL Non Performing Loan, Private Banking, Venture Capital
