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Huarong
Huarong
NEWS

Shares jump 10% in Shenzhen on news of framework debt deal signed by parent Yango Longjing
Aug.9 2022 05:12 AM

Wang Zhanfeng heads up state-owned China Orient Asset Management, another ‘Big Four’ AMC
Apr.20 2022 19:35 PM

While bad-debt manager remains a state-owned financial institution, the move leaves it one step removed from direct government control
Mar.29 2022 13:55 PM

The state-owned bad-debt manager roiled Asian credit markets last year as it failed to release its annual report on time, eventually revealing a massive loss for 2020
Mar.21 2022 15:36 PM

How the former chief of Taiping Insurance wove a web of shady deals and came under investigation by graft busters
Feb.14 2022 07:57 AM

Fund with 18 shareholding companies has $2.32 billion of registered capital and plans to inject cash into the scandal-plagued bad-debt manager
Nov.30 2021 04:06 AM

State-owned insurer would control a 2.44% stake once a 42 billion yuan share sale is completed
Nov.25 2021 16:58 PM

The Ministry of Finance intends to transfer part of its holdings in the troubled bad-debt manager to Citic in the next few years, sources say
Nov.18 2021 22:06 PM

Huarong gets the green light to sell bonds to raise as much as $10.97 billion. Beijing will limit domestic flights from regions with Covid-19 cases
Nov.18 2021 09:54 AM

Fundraising will help replenish the distressed-asset manager’s balance sheet which is weighed down by 1 trillion yuan of debt
Nov.17 2021 21:18 PM

Shareholders back recovery plan after August announcement of Citic-led rescue for debt-laden state-owned asset manager
Oct.22 2021 03:51 AM

Restructuring of HNA and Huarong could offer insights into what’s in store for embattled property developer
Sep.27 2021 20:12 PM

The lack of any announcement concerning an $83.5 million interest payment due Thursday adds to the uncertainty surrounding the debt-ridden developer’s struggles
Sep.24 2021 15:52 PM

Scandal-plagued bad-debt manager moves to speed up revitalization and restructuring following announcement of rescue plan led by Citic
Sep.16 2021 03:31 AM

The undeveloped plot of land bought by the state-owned bad-asset manager is now worth about one-third what it paid, underscoring its woeful history of bribery-fueled investments
Sep.8 2021 20:53 PM

China’s second-biggest financial holding company is leading a bid to pull bad bank back from the brink
Sep.3 2021 23:46 PM

As the scandal-plagued bad asset manager reports $15.9 billion of red ink for 2020, it may have to raise almost that much from investors and asset sales
Aug.30 2021 08:07 AM

Rating giant keeps troubled enterprise on further credit cut watch citing deterioration of capital and profitability amid uncertainty over central government backing
Aug.24 2021 03:47 AM

State-owned asset management giant plans to bring strategic investors on board
Aug.19 2021 21:50 PM

The embattled company says it’s ‘diligently’ repaying debt amid rising concerns about its financial health
Jun.24 2021 19:20 PM
- Feb 23, 2022 08:00 AM
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