China Opens Probes Into Embattled Shadow Banking Giant Zhongzhi
Chinese authorities said they opened criminal investigations into the money management business of embattled shadow banking giant Zhongzhi
1970-01-01 08:00
Troubled China Shadow Bank Warns of $36 Billion Shortfall
Embattled shadow banking giant Zhongzhi Enterprise Group Co. has revealed the depth of its financial difficulties, telling investors
1970-01-01 08:00
China’s Hidden Financial Dangers Erupt With Shadow Bank Crisis
Only a week ago, Zhongzhi Enterprise Group Co. attracted little notice within China and was almost unheard of
1970-01-01 08:00
China’s Troubled $137 Billion Shadow Bank Plans Debt Restructuring, Taps KPMG
The Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion is planning to restructure
1970-01-01 08:00
Chinese Shadow Bank Misses Dozens of Payments as Fallout Spreads
Zhongrong International Trust Co. missed payments on dozens of products and has no immediate plan to make clients
1970-01-01 08:00
China’s $138 Billion Shadow Bank Spirals at Terrible Time for Xi
Founded in 1995 as a lumber business, Zhongzhi Enterprise Group Co. grew to become a financial conglomerate with
1970-01-01 08:00