Debt-equity swap's impact in focus
By Wu Yiyao in Shanghai | China Daily | Updated: 2016-10-17 07:21
Experts say market forces could help pre-empt flood into the A-share segment
Allowing a large number of companies to convert debt into equity would help not only enterprises with huge borrowings on their books but lenders, analysts said.
For that to happen, however, more clarity on the eligibility criteria for the debt-to-equity swap scheme is needed, they said.
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