Rena Kwok, Bloomberg Intelligence

Rena Kwok, Bloomberg Intelligence

10112022 PT - Rena Kwok

10 November 2022
Market View: South Korean insurer Heungkuk Life Insurance's flip flop move, South Korean bond rout, Thailand's banking sector outlook

South Korean and Thai credit markets are at the heart of our discussion today. Speaking of South Korea, the country has been scrambling to prevent a credit market meltdown from sparking broader contagion, after local corporate bonds suffered one of the most rapid sell-offs in the past three months.
More recently, South Korean insurer Heungkuk Life Insurance said it’ll delay the buying back of perpetual bonds,citing unfavourable market conditions and the US Federal Reserve’s hawkish stance.
That move triggered a perpetual bond rout in Asia. While Heungkuk Life has decided to reverse its earlier move to exercise a call option on its perpetual notes, we want to find out the outlook for South Korea’s bond markets.
Closer to home, investors continue to watch Thailand’s banking sector even as the country recovers from the troughs of the pandemic. But why is this the case?
On Market View, Prime Time's finance presenter spoke with, Rena Kwok, Credit Analyst at Bloomberg Intelligence for more.

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30 September 2022
Market View: Impact of property cooling measures on Singapore banks, rate hikes on Asian banks, performance of digital vs. traditional banks in South Korea
Credit markets and the performance of banks in Asia are on our list today after recent jumbo rate hikes by the US Federal Reserve rattled markets and hurt demand for homes and mortgages. Just look at Hong Kong - the city’s home prices, for one, fell 2.3% in August from a month ago, the lowest in over three years. In Singapore, major banks such as UOB and DBS Bank have temporarily ceased their fixed rate home loans for now to review their rates. Plus - cooling measures announced by the local government last night.

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31 August 2022
Money and Me: How likely and to what extent could Singapore Banks suffer credit losses?
What does the potential headwind of "higher-for-longer inflation" mean for Singapore banks across their entire portfolio? Michelle Martin finds out with Rena Kwok, Credit Analyst, Bloomberg intelligence

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8 February 2022
Market View: Unpacking OCBC and Singapore Banks' Approaches to Managing Surplus Capital
Bloomberg Intelligence issued a report on how Singapore's banks manage their surplus capital, and in particular OCBC's relatively more conservative approach and if it highlights any potential weaknesses for Singapore's second largest lender. JP Ong spoke to Rena Kwok, Credit Analyst at Bloomberg Intelligence, about their findings a week before Singapore's banks release their latest earnings.

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3 November 2021
Across the ASEAN: Reviewing Asset Quality Trends for UOB and OCBC
UOB and OCBC released quarterly earnings that impressed for the most part, but how good is the asset quality for these lenders, as well as credit cost trends facing the 2 banks? Rena Kwok, Credit Analyst at Bloomberg Intelligence, joined us on Across the ASEAN to recap the report cards for UOB and OCBC, and also talk about potential exposure for Singapore's lenders to housing property risks in China. She also shared her recent research on banks in the Philippines and Thailand.

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