Biggest News Aggregation in the World
๐Ÿ“ฐ Ming Tan News

Page 2 - Ming Tan News Today

Fast, Ad-Free News Updates

Stay updated with breaking news from Ming Tan. Real-time updates on events, politics, business and more.

Stay Updated with Latest News

Get breaking news updates delivered to your inbox

Browse All News โ†’

As China's Debt Risks Grow, Here Are 3 Warning Signs to Watch

Although the latest defaults represent a fraction of Chinas $13 trillion onshore bond market, some high-profile cases have rattled investors since the common perception has been that the Chinese government will not let state-supported firms fail. The case of Chinese bad debt manager Huarong has also spooked investors, causing a market rout this year when the firm failed to file its earnings in time and its U.S. dollar-denominated bonds plunged. Analysts said cases like these signal how the stat...
Chang Wei Liang United States Francoise Huang Baoding Tianwei Euler Hermes Fitch Ratings

The woes of Huarong pose dilemmas for Beijing

WhatsApp THE EXECUTIVES of Huarong Asset Management have not been able to hide from Chinaโ€™s authorities. A corruption probe into the state-owned financier in April 2018 sent senior staff and business partners scattering abroad, only to be rounded up in an international dragnet. One casino tycoon with close links to Huarong was captured in Cambodia. Its former chairman, Lai Xiaomin, was put to death in January for what a Chinese court called egregious financial crimes and bigamy. Until recentl...
Hong Kong Andrew Collier Ben Charoenwong Lai Xiaomin Orient Capital Research National University Of Singapore

Explore More Categories

World News India News Business Technology Sports Entertainment Health Science