Troubled China Huarong Asset Management Could Find a Home in Central Huijin

Posted on 04/14/2021


The Ministry of Finance of China is thinking about moving its stake in China Huarong Asset Management Co. to Central Huijin Investment Ltd., which is a unit of the China Investment Corporation (CIC). The transfer would require approval from China’s State Council. China Huarong Asset Management is the country’s largest distressed asset manager and as […]

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