Tuesday, January 26, 2021
Tags China Huarong Asset Management

Tag: China Huarong Asset Management

Chair of Huarong Asset Management Lai Xiaomin Sentenced to Death for Bribery, Bigamy, Corruption

The former chair and party secretary for one of China's big four asset management firms has been sentenced to death over bribery...

Chair of China’s Biggest Asset Management Company Placed Under Investigation

Lai Xiaomin (赖小民), the chair of China Huarong Asset Management, has been placed under disciplinary investigation and monitoring by the Chinese authorities for suspected...

China Opens its First Online Exchange for Distressed Debt

China's biggest asset management company has just launched the country's first online platform that provides for the trading of distressed debt assets, as Beijing...

Most Read

Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives

Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...

Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...

Chinese Banks See Net Profits Decline 1.8% in 2020

China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....

Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...