Are bond investors failing to heed HNA’s lessons by taking a sanguine view about Huarong’s financial woes?

Beijing's investigation of Lai Xiaomin, a former chairman of China Huarong Asset Management, shows the risks foreign firms face when courted by potential Chinese investors.

Lai Xiaomin, chairman of China Huarong Asset Management, says China’s expanded debt-for-equity swap programme is bound for success, subject to some regulatory tweaks.

Chinese bad debt manager invests $100 million in Hong Kong-listed securities brokerage.

The two companies took vastly different approaches to the bond market. But they both managed to generate huge demand.

The listing is intended to help fund growth but China's largest bad loan manager will be hostage to the large IPO pipeline in Shanghai.

Huarong chairman Lai Xiaomin tells FinanceAsia that the country's largest asset manager faces tougher competition from new market entrants.

Bad-loan manager and white goods maker add to surge of Chinese credits accessing the dollar-denominated bond market.

Ten mainly Chinese state-backed cornerstone investors have committed $1.6 billion for approximately 70% of the shares on offer.

The distressed debt house's float is weak compared to peers, but the successful completion on the back of cornerstone commitments is key to Beijing's market liberalisation plans.