trending Market Intelligence /marketintelligence/en/news-insights/trending/WQeENNoyAnHWf9ZFfug15Q2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Report: Debt-laden Tahoe Group plans sale of 40B yuan of projects in China

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

Report: Debt-laden Tahoe Group plans sale of 40B yuan of projects in China

Tahoe Group Co. Ltd. is planning to sell 12 developments across China that it acquired for at least 40 billion yuan over the past two years in an effort to raise funds amid an impending risk of defaulting on its debt, the South China Morning Post reported, citing sources familiar with the matter.

The property company based in Fujian, China, is believed to be putting on the block projects under construction in the cities of Guangzhou, Hangzhou, Shenzhen, Nanchang, Kunshan and Zhongshan. According to the publication, the developments are primarily residential with some featuring commercial components.

An unnamed senior executive of an undisclosed private equity real estate fund told the publication that she was hesitant when approached to help sell the projects because she believed the assets would be difficult to market. Tahoe Group, on the other hand, declined to comment on the divestment but assured it will provide information on the stock exchange regarding any major sales, the March 21 report added.

A Bloomberg News survey of analysts and portfolio managers in January put Tahoe Group's one-year default risk at 6.75%, according to SCMP. With the figure, the company topped the list and surpassed the default risk of 46 other developers with a market value surpassing US$2 billion.

As of March 21, US$1 was equivalent to 6.70 yuan.