China's corporate debt

Chinese companies listed in Hong Kong are generally considered to be among China's healthiest due to greater public access to financial disclosures. The chart below looks at the 93 companies listed since 2011.

By December 2016, the number of companies with earning at least three times of their interest cover, a measure generally considered to be healthy, shrank from 66 to 49.





CHINESE COMPANIES LISTED IN HONG KONG

Number of companies




Note: EBITDA = Earnings before interest, taxes, depreciation and amortization.
Source: Thomson Reuters
By Jin Wu | REUTERS GRAPHICS