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CX Daily: Newly Formed Agriculture Giant Syngenta Group Posts Modest Annual Gains

CX Daily: Newly Formed Agriculture Giant Syngenta Group Posts Modest Annual Gains
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China Automotive Systems (CAAS) Q4 2020 Earnings Call Transcript

Operator Greetings, and welcome to the China Automotive Systems fourth-quarter 2020 conference call. [Operator instructions] I would now like to turn the conference over to your host, Mr. Kevin Theiss, investor relations. Please go ahead, sir. Kevin Theiss Investor Relations Thank you, everyone for joining us today. Welcome to China Automotive Systems 2020 fourth quarter and annual conference call. Joining us today are Mr. Qizhou Wu, chief executive officer; and Mr. Jie Li, chief financial officer of China Automotive Systems. They will be available to answer questions later in the conference call with the assistance of translation. Before we begin, I ll remind all listeners that throughout this call, we may make statements that may contain forward-looking statements. Forward-looking statements represent the company s estimates and assumptions only as of the date of this call.

China Automotive Systems Reports Fourth Quarter and Fiscal Year 2020 Results

China Automotive Systems Reports Fourth Quarter and Fiscal Year 2020 Results
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China s Crackdown on Defaulters Starts to Embolden Creditors

China’s Crackdown on Defaulters Starts to Embolden Creditors Bloomberg 2/24/2021 Bloomberg News (Bloomberg) Chinese bondholders are gaining more power in the corporate restructuring process, underscoring a renewed push by authorities to reform the nation’s $5.2 trillion credit market. Following a slew of defaults late last year that rattled markets, disgruntled creditors have successfully pushed for borrower concessions that would have seemed out of reach in China only a year ago. They reversed a major automaker’s plan to make a profitable unit less accessible to bondholders, forced an energy producer to sweeten a debt swap offer and secured an unprecedented court ruling that required a construction company’s underwriter, rating firm and auditor to compensate individual bondholders.

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