wot power leveling "Dragon real controller is in Weifang city - WKK

After just 55 days, short-term financing bonds, "11 Dragon CP01" will usher in the due payment date. A few days ago, the Shandong Dragon and the issuer of the bonds suffered only six months to the third indent, as c and CCC level, respectively, a truly "junk bonds". Valuation data on registered under central government debt settlement companies, as at last Friday 's, Dragon short meltingValuation yields had risen to 82.44%, price dropped to $ 88.68, since the beginning of this year has been zero transactions. What saved this stranded "Dragon"? Are delays in asset restructuring, or is the Government reveal all the details, or bail out main dealer to show up? In the face of the unprecedented "credit bomb" who's gonna be mine, or let it explode? SeaDragon ran aground last Wednesday, the joint notice published credit downgrade wot power leveling, Shandong Dragon and "11 Dragon CP01" lowered to CCC and c make Dragon short melting as the bond market's first in nearly 6 years c-level short melting. Joint credit in my latest track rating report that: "in view of the company's huge losses and overdue loans and related matters such as litigation, the credit risk further increases, debtWeakening of solvency,333.56% audited net assets. In addition, Shandong Dragon and majority-owned subsidiaries involved in multiple lawsuits, business and financial position further deteriorated. At the date of expiration, Shandong Dragon have to pay the principal and interest totaling about $ 420 million, the cash flow for the near-collapse of the Shandong Dragon, is almost an impossible task. Who is going to deliver? If you say 2006 "blessed jubilee events" more special with an emergency, caused by the Shandong Dragon, is a compromise with the credit crisis. People in the industry, the rapid development of bond market in recent years, so the current credit markets there has been a qualitative change in China, true default countdown. And that's how the evolution of the crisis, related to credit market of long-term sustainable development�� General Manager of an agency trading desks to the Business Journal says: "when good investment of its assets to the new millennium and have no problems, cash flow and earnings are good, even bankruptcy can cover losses for creditors, but shandonghailong is totally different, it's a mess, is the management of troubled debt crisis brought about by the enterprise, this is the authentic credit crisisMachine. "With the continuous release negative news, Shandong Dragon lost on" 11 Dragon CP01 "due, this was becoming the consensus. Only problem is, who is going to deliver? "No default, without personally came forward to reveal all the details, underwriters should provide liquidity loans to tide over their difficulties. "Yesterday, a security bond underwritingHeads of Department world of tanks power leveling, told reporters, "prudential Bank is small, has the potential to be combined with other banks money, because Dragon short inclusive key holder is Bank, in fact, equivalent to help themselves. "The institutions trading departments, General Manager, Dragon event today, as authorities Dealers Association and underwriters of prudential Bank has some responsibility," in particular, Hang FungThe Bank, in short melting release has been set aside commitments, deliberately changed to raise funds, should take more responsibility to promote crisis, or will affect its credibility in the bond market. "Last September, Shandong Dragon was downgraded at the same time for the first time, dealer associations publish discipline disciplinary action notices, Shandong Dragon revealed false information disclosure, intentional concealment of major issuesAnd change short melting to raise funds without authorization uses a number of violations, Shandong Dragon three executives to publicly condemn, and log off the remaining $ 200 million short of its thawing registration lines. As members of the market, in particular the criticism is, "11 Dragon CP01" raise specification conventions in use is $ 230 million for repayment of bank loans, $ 170 million for the additional liquidity and companyActually $ 300 million for the reimbursement of prudential bank acceptance bills, $ 100 million for the additional liquidity. Dealers Association the notice said, "short-term financing bonds issued before the period determined practical purpose not consistent with agreed to raise instruction. "Dealers Association was not directly name prudential Bank, only saying:" due diligence on individual intermediaries took responsibility is not in place,Will also give different degrees of self-discipline punishment. "In June last year, Heng feng has already because the issuer Zhejiang Shanding weaving limited disclosure, by the Dealers Association" interview talks ". "We understand that the information is, the local Government has stepped in, further details should be required to be finalised, there is no notice. "Some traders to fund companies in mindSay, "Dragon real controller is in Weifang city, Shandong Province Government, a public company so big problem, vital, cannot be allowed to default. "Another senior researchers in the bond market is more directly:" want to worry about these things, that certainly is the Government reveal all the details, have always been so. "At the same time wot power leveling, in the view of many people in the market, once the seaLong short melting due to default, is not all bad news, because this will facilitate perfect credit ratings and pricing mechanism, conducive to promoting the healthy development of the credit market, is far-reaching. Securities and fixed-income analyst Bao Qing considered the East China Sea, the bond market "no material breach" times are gone. Despite the internal credit risk rating system is not yet perfect, but with the low commentsLevel bonds of market expansion, market perception of risk and increasing tolerance, on such bonds price discovery mechanism will gradually improve. Online statement Gold: gold online reprint of the above content, does not indicate that confirm the description, for investors ' reference only and does not constitute investment advice. Investor operations accordingly, at your own risk.