[New post] BB: China Huarong gets state-led bailout

alanyeo posted: " Government-backed investors will recapitalise China Huarong Asset Management after the bad debt manager posted a record USD15.9b loss, ending months of speculation over whether Beijing would deem the troubled financial giant too big to fail. The rescu" Respond to this post by replying above this line New post on Alpha Edge Investing BB: China Huarong gets state-led bailout by alanyeo Government-backed investors will recapitalise China Huarong Asset Management after the bad debt manager posted a record USD15.9b loss, ending months of speculation over whether Beijing would deem the troubled financial giant too big to fail. The rescue package unveiled on Wednesday (18 August), while thin on official details, suggests President Xi Jinping's government is for […] Read more of this post alanyeo | August 19, 2021 at 2:02 pm | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-36H Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/08/19/bb-china-huarong-gets-state-led-bailout/ Thanks for flying with WordPress.com