Friday, April 16, 2021
Tags China Huarong Asset Management

Tag: China Huarong Asset Management

Banking

Chinese Banker Lai Xiaomin Executed Following Conviction on Bribery, Bigamy and Corruption Charges

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The former chair and party secretary for one of China’s big four asset management firms has been executed shortly following his conviction...
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Economy

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

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

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

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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...
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Banking

China Opens its First Online Exchange for Distressed Debt

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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...
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Most Read

Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

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The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...
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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

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The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...
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Chinese CPI Bounces Back into Positive Territory in March

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China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...
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Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

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Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...
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