Sino-Ocean Said to Be in Talks With Cinda for Financial Support
Chinese state-backed developer Sino-Ocean Group is in talks with bad-debt manager China Cinda Asset Management over financial support,
1970-01-01 08:00
Huarong Sends $1.7 Billion Back to Citic After Unloading Assets
China Huarong Asset Management Co. returned almost $2 billion back to Citic Group after the financial conglomerate led
1970-01-01 08:00
Markets Show China Needs a Stimulus ‘Bazooka’ to Woo Investors
Chinese stocks surged at the open Monday after authorities took a raft of steps to bring investors back
1970-01-01 08:00
China Stocks Rally on Market Support Measures; Global Funds Sell
Chinese stocks jumped after authorities boosted efforts to woo back investors to one of the world’s worst-performing equity
1970-01-01 08:00
China Considers Moving Stakes in Bad Banks to Sovereign Wealth Fund
China is considering transferring government ownership in the nation’s biggest bad-debt managers to a unit of its sovereign
1970-01-01 08:00