Chinese Asset Manager Suffers Bond Selloff After Delaying Results

Chinese Asset Manager Suffers Bond Selloff After Delaying Results - WSJ

Debt from one of China’s biggest asset managers has plunged in value. sending tremors through the market for U.S. dollar bonds of Chinese companies.

Debt from one of China’s biggest asset managers has plunged in value. sending tremors through the market for U.S. dollar bonds of Chinese companies. The selloff in bonds issued by China Huarong Asset Management Co.. a giant state-owned financial institution.

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