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Breakingviews - China moves to clean up Huarong's “bad bank” brand
Reuters
Given Huarong's heavy exposure to China's struggling real estate sector, the name change may make it more difficult for CITIC to steer clear of...
5 months ago
China Huarong Asset Management Shares Surge on Profit Forecast
MarketWatch
By Tracy Qu China Huarong Asset Management's shares rose sharply after forecasting a swing to profit in 2023, in a turnaround for the...
3 months ago
Chinese Bad-Debt Manager Huarong Downgraded to Junk by Moody's
Bloomberg
China's largest bad-debt managers suffered Moody's Investors Service's rating downgrades that cut China Huarong Asset Management Co. to junk...
3 months ago
China Huarong to Buy Stake in Citic for Over $1.7 Billion
WSJ
Huarong will acquire a 5.01% stake from Citic Polaris, a wholly owned unit of Citic Ltd.
5 months ago
China’s four state-backed distressed asset managers downgraded by Fitch Ratings
South China Morning Post
Fitch lowered the ratings for China Cinda Asset Management and China Orient Asset Management to A- from A, while those for China Huarong...
3 months ago
Chinese Bad Banks Downgraded by Moody’s as Huarong Cut to Junk
Caixin Global
Chinese Bad Banks Downgraded by Moody's as Huarong Cut to Junk - Credit rating agency says Huarong AMC's asset quality is under strain due...
3 months ago
Moody's downgrades four China asset managers
The Asset
Rating agency Moody's Investors Service has downgraded China's top four asset management companies (AMCs) – Huarong, Orient, Cinda and Great...
3 months ago
Chinese 'Bad Bank' Huarong Gets a Makeover
Yicai Global
Huarong was founded in 1999 after the Asian financial crisis to manage non-performing loans while helping state-owned banks restructure and...
3 months ago
China Huarong Buys 5% Stake in Citic for $1.74 Billion
BNN Bloomberg
China Huarong Buys 5% Stake in Citic for $1.74 Billion ... (Bloomberg) -- China Huarong Asset Management Co. returned almost $2 billion back to...
5 months ago
Fitch downgrades 4 Chinese national asset managers, warns of more cuts
Investing.com
Investing.com-- Fitch said on Thursday it had downgraded the issuer default ratings of four Chinese national asset management companies and...
3 months ago