|
As market observers will know, over the last two years, the environment for distressed investing in China has changed considerably. NPL portfolio deal flow is now robust and the rules of the game are clearer. And as a result, our survey respondents alone have purchased more than 40 NPL portfolios to date. But our respondents have not only invested in Chinese NPLs; they have also made nearly 40 non-NPL investments including private equity investments, acquisitions of single loans and high yield lending. While there are a few firms that focus only on NPLs, to mitigate their risk, the vast majority of investors appear to be working the China distressed market from any and all possible angles.
While the primary focus of our 2006 survey remains on NPLs, the questions also reflect these important market changes, and the responses help to clarify what is now important to the foreign investment community in today's distressed investment environment in China. We hope you find these findings useful, and we welcome any comments you may have.
Get Your Copy Here
Read more by downloading our China NPL Investor Survey 2006 for your reference (pdf file, 660KB). |
