Europe-listed ETP launches are accelerating in 2021 as issuers seek to capitalize on record-setting inflows, far exceeding a slight uptick in closings.
The risk of regulatory crackdowns on China’s large internet platforms such as Tencent, Alibaba and Didi looks set to maintain, and could widen, discounts in sector valuations vs. global peers.
Distressed-debt supply, as measured by the ICE BofAML US Distressed Index, was down $9 billion in June to $26 billion, setting a new cycle low and evoking memories of 2006’s credit bubble.
Vietnam’s economic growth accelerated in the second quarter on resurgent global demand, even as the country’s worst outbreak of the pandemic temporarily shuttered key manufacturing hubs.
Foreign funds are rushing out of Southeast Asian equities on concerns a coronavirus resurgence will dent the region’s economic recovery, and a slow vaccine rollout means the selloff may not reverse anytime soon.
With the latest amendment to India’s Electricity (Rights of Consumers) Rules, firms active in the residential rooftop solar space like Tata Power, Fourth Partner Energy and several other smaller independent power producers may find it hard to acquire new customers.