There is pressure to resolve the fate of China’s bad debt manager Huarong
Six months after President Lai Xiaomin was found guilty of corruption and executed, Huarong Asset Management, the fate of China’s biggest bad debt manager, is no clearer and its commitment to Beijing is growing.
One of the four state-owned asset management companies created in 1999 to clear the debts of the banking sector after the Asian financial crisis, the turmoil in Huarong has deepened since Lai’s death.
The failure to release its financial accounts for 2020 and the lack of Rmb1.7tn ($ 261 billion) in assets on the balance sheet has caused major uncertainties in the $ 22 billion in bonds the group sold to international investors.
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MANSFIELD - Madison Comprehensive High School had more valedictorians in its class of 2021 than most schools have in several years combined: 17 valedictorians, each with a 4.0 grade point average.
Principal Sean Conway said it was the most valedictorians in school history. It was an unbelievable class of talented kids and not just skilled academically but also athletically, he said. They were all very, very special kids, said Conway.
There were over 200 graduates in the class of 2021, he said. The graduation ceremony had been scheduled for Friday night in the football stadium but bad weather moved it to indoors on Saturday night.
Death and funeral notices in Coventry - week commencing May 17
We re bidding a fond farewell to a number of Coventry residents
Updated
We have gathered the messages posted over the week commencing May 17 in one place here.
The messages are submitted by friends, family and loved ones as a way of saying goodbye to those they have lost.
These provide comfort to the nearest and dearest of those who have passed away. You can also post your own announcements and notices to us through this website.
Monday, May 17
John Robert Biddle
Passed away peacefully on 7th May 2021, aged 87 years. The funeral service will take place on Tuesday 25th May 2021 but due to the current restrictions it will be a private service. However, those who cannot attend may wish to pause for a while at 10:00 am to remember John. Family flowers only, donations if desired payable to Alzheimer s Society or St Giles Church can be sent via J.E Hackett & Sons Ltd, Longford Bridge, Coventry, CV6 6BH. Tel: 024