BEIJING, Jan 5 Shares in China’s state-owned debt collector Huarong Asset Management plummeted 50 per cent today as trading resumed in Hong Kong after a US$6.6 billion (RM27 billion) state-orchestrated bailout of the embattled company. The company’s Hong Kong-traded shares were suspended in.
Global investors are watching nervously as one of China’s biggest real estate developers struggles to avoid defaulting on tens of billions of dollars of debt
EXPLAINER: Chinese builder s debt struggle rattles investors ksat.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ksat.com Daily Mail and Mail on Sunday newspapers.