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Zhongzhi, troubled Chinese shadow bank, files for bankruptcy

The downfall marks one of China’s biggest-ever bankruptcies, putting more stress on already fragile consumer and investor sentiment.

Zhao jianShen mengXie zhikunChina evergrande groupAtlantis financial research instituteZhongrong international trust coZhongrong internationalGroup coChanson coChina evergrandeCommunist partyPresident xi jinpingAnbang insuranceBeijing based zhongzhi

Beijing court accepts shadow bank Zhongzhi s bankruptcy application

Troubled Chinese shadow-banking firm Zhongzhi Enterprise Group’s bankruptcy application has been accepted by a court in Beijing, which would suggest the central government is ready to handle the fallout, according to an analyst.

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Troubled China shadow bank Zhongzhi files for bankruptcy

China News: Chinese shadow banking giant Zhongzhi Enterprise Group Co.

Zhao jianShen mengXie zhikunGroup coFirst intermediate people courtAtlantis financial research instituteZhongrong internationalChina evergrande groupChanson coZhongzhi enterprise group coZhongrong international trust coZhongzhi enterprise groupFirst intermediate peopleChina evergrandeCommunist partyPresident xi jinping

Two Key Executives Associated With China s Shadow Bank Zhongzhi Reported Missing

Financial conglomerate Zhongzhi is being investigated following its disclosure of a $36 billion deficit.

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China investors face tens of billions in losses over shadow bank Zhongzhi

More than three quarters of investor cash would be lost, according to one scenario. Read more at straitstimes.com.

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