huarong

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.

International interest grows even though the industry cannot match the outsized returns of its early days.

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 rush to sell bonds before Chinese New Year has brought issuance to a year-to-date record.

Defying a widening secondary market and a cautious approach by investors, three Asian debt issuers sold $3.6 billion of new bonds on Tuesday.

Chinese issuers descend on force ahead of almost week-long public holidays across Asia.

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

The country should form new bad debt agencies, encourage foreign distressed debt specialists and create a proper bad debt resolution process, or risk a full-blown credit crisis.