Zhongzhi latest casualty of China's deepening debt and property crisis
China's shadow banking conglomerate Zhongzhi Enterprise Group filed for bankruptcy liquidation late on Friday.
Source: cnbc.com
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Shadow bank Zhongzhi files for bankruptcy as China's debt and property crisis deepens
China’s shadow banking conglomerate Zhongzhi Enterprise Group filed for bankruptcy liquidation late on Friday.
Source: nbcdfw.com
A Chinese shadow bank is the latest casualty of the country's real estate crisis, declaring bankruptcy with up to $65B in debt
Zhongzhi Enterprise Group, a Chinese shadow bank with deep ties to the country’s property sector, filed for bankruptcy Friday. The group no longer has the…
Source: biztoc.com
A Chinese shadow bank is the latest casualty of the country's real estate crisis, declaring bankruptcy with up to $65 billion in debt
Zhongzhi Enterprise Group, a Chinese shadow bank with deep ties to the country's property sector, filed for bankruptcy Friday. The group no longer has the…
Source: biztoc.com
Troubled China shadow bank Zhongzhi files for bankruptcy
Beijing’s First Intermediate People’s Court decided to accept the case, according to a statement on the court’s Wechat account Friday.
Source: moneycontrol.com