Chinese State Investors Help Bailout China Huarong Asset Management
Posted on 08/21/2021
China Huarong Asset Management Co., Ltd. known as just China Huarong is a majority state-owned financial asset management company in China, with a focus on distressed debt management. China Huarong got bailed out by a cadre of state-backed companies and disclosed a 102.9 billion yuan (US$ 15.9 billion) loss in 2020. China Huarong Asset Management […]
