End in sight for debt crisis

The subprime crisis in the US seems to be bottoming out, analysts from home and abroad said at a conference on the finance industry on Friday.

"We know what happened to Bear Stearns, and we may see more assets deteriorating in the future. However, I'm glad to see some new funds are acquiring these non-performing assets and non-performing mortgage loans, which may be a signal that the subprime crisis is near the bottom," Eric D. Landheer, CEO of NASDQ in Asia-Pacific region, said.

Other analysts highlighted the positive signals from the market.