亚洲信贷综述-中国房地产、友邦保险、太古地产

Asia Credit Roundup China property, AIA, Swire Properties China Property – FY24 results preview: Earnings downtrend to continue China developers and property managers will report FY24 results over the next few weeks. For developers, the JPM China Property equity research team forecasts an average 30% YoY decline in earnings, mainly driven by 1) margin squeeze as a result of price cuts, and 2) impairment (esp. for distressed names and Vanke). Jinmao (which has released a positive profit alert expecting an ea ...