IFLR is part of the Delinian Group, Delinian Limited, 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2023

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

The east is in the red: the lessons of GITIC

GITIC’s bankruptcy in January — the biggest in Chinese history — left foreign banks reeling with credit lines pulled for PRC companies, and securities issues on hold. T K Chang of Coudert Brothers Hong Kong examines the implications of the first ever application of 1986 Bankruptcy Law to a leading financial institution

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login