Featured Research

Securities Sector - 2025 Outlook

Private-bank affiliated firms will lead the sector profit growth, boosted by stronger investor sentiment and stabilizing asset risk
22/01/2025
Read more

Banking Sector - 2025 Outlook

Robust business conditions will drive stronger asset quality and profits in 2025
22/01/2025
Read more

Residential Property Sector - 2025 Outlook

Outlook improving from stronger housing supply and sales; leverage and refinancing difficulties to ease as cash flows return
20/01/2025
Read more

Corporate Bond Market Review - December 2024

This monthly report summarizes our observations and analysis of the key developments in the corporate bond market over the past month
09/01/2025
Read more

Banking Sector - Credit Insights - January 2025

Most banks will maintain stable asset risk in 2025 after Circular 02 expires
06/01/2025
Read more

Amendments to the Securities Law - December 2024

Latest amendments to the Securities Law will limit excessive risk-taking and improve market behavior, credit-positive for bondholders
10/12/2024
Read more

Corporate Bond Market Review - November 2024

This monthly report summarizes our observations and analysis of the key developments in the corporate bond market over the past month
05/12/2024
Read more

Research Reports

Showing   / 10 reports
Topic Sector Title Research date Read more
Sector Outlook
Residential Real Estate

Residential Property Sector - 2025 Outlook

Outlook improving from stronger housing supply and sales; leverage and refinancing difficulties to ease as cash flows return
20/01/2025 View report
Sector Comment
Residential Real Estate

Residential Real Estate Sector - 9M2024 Update

New policies will boost project development in 2025 and beyond; most developers will fall short of 2024 profit targets
28/11/2024 View report
Sector Comment
Residential Real Estate

Residential Real Estate Sector - 1H2024 Update

New housing supply will boost developer cash flows but also increase leverage
23/09/2024 View report
Sector Comment
Residential Real Estate

Residential Property Sector - 2H2024 Outlook

Developer sales will improve as new supply increases and homebuyer demand remains robust, access to financing will alleviate liquidity challenges
08/07/2024 View report
Issuer Comment
Residential Real Estate

Issuer Comment - Ha An Real Estate Investment and Business JSC

Upcoming equity infusions will reduce Ha An’s refinancing pressure and liquidity risks, a credit positive
10/06/2024 View report
Sector Outlook
Residential Real Estate

Residential Property Sector - 2024 Outlook

Outlook improving from stronger homebuyer sentiment and project sales, risks from high leverage mitigated by broader funding access
20/03/2024 View report
Sector Comment
Residential Real Estate

Residential Property Sector: New real estate laws amendment 2024

New real estate laws will pave the way for quicker and prudent development of new housing projects, positive for developers’ credit profiles and sustainable growth of the housing market
22/01/2024 View report
Sector Comment
Residential Real Estate

Residential Property Sector - 9M2023 Update

Poor market sentiment led to weak project sales and operating cash flow, access to new financing is key to cope with refinancing risks
20/11/2023 View report
Sector Outlook
Residential Real Estate

Residential Property Sector - 2023 Outlook

Refinancing difficulties to persist as bond maturities and leverage peak amid market downturn, government measures need more time to take effect
07/06/2023 View report
Credit Insights
Residential Real Estate

Credit Insights: Resolution No.33/NQ-CP on Solutions for Property Sector

Paving the way forward to overcome legal obstacles, improve housing supply and seek new project financing
23/03/2023 View report
Get Your Organization Rated and Assessed
Contact us