Government-seized affiliate of Tomorrow Holding may be asking too much as its balance sheet shows red ink, analysts say

Fortune 500 commodities giant missed interest payments on $1.24 billion of bonds held by two Guangzhou city government-backed enterprises

China Chengtong will pay $2.1 billion for over 98% of the company connected to Xiao Jianhua’s Tomorrow Holding

But new owners will have to cooperate with regulators to deal with asset management products in default

Tsinghua Unigroup is forced into restructuring under China’s bankruptcy law. The country extends the one-year takeover of nine Tomorrow Holding affiliates. The steel industry is preparing for the nation's carbon neutrality goals

Banking and securities regulators will take a second year to unravel financial risks in pieces of fallen tycoon Xiao Jianhua’s former empire

Chinese companies that operate financial institutions will be subject to tighter requirements from Nov. 1 as part of campaign to curb financial risks

The infamous lender offers lessons about how corruption can flourish at smaller banks, writes the head of the regulatory team that took it over

Rare liquidation of a Chinese bank closes a chapter in authorities’ massive unwinding of tycoon Xiao Jianhua’s scandal-ridden Tomorrow Holding empire

The seizures of nine companies linked to the conglomerate mark a major step in regulators’ efforts to unravel fallen tycoon’s financial empire

Regulators’ takeover of 9 companies with $171.5 billion of assets continues massive unwinding of Xiao Jianhua’s troubled financial empire

Varying approaches to at-risk banks like Baoshang Bank and Bank of Jinzhou offer some insight into how authorities might deal with at-risk financial institutions in the future

Seizure of troubled lender by regulators signals China is on the path to setting up its own Federal Deposit Insurance Corp., says Caixin Media managing editor

Amid concerns that more lenders are in line for a state takeover, PBOC says move was a one-off and financial risks are under control

‘Severe credit risk,’ deposit guarantees and links with a shady holding group