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China s Property Sector In A Free-Fall As Shadow Bank ZEG Collapses

A major Chinese shadow bank that lent billions to China's crisis-hit property developers has filed for bankruptcy because it could not pay its debts. A

Geoff thomasXie zhikunZhongzhi enterprise groupCountry gardenBanking hazards

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

Chinese shadow lender Zhongzhi files for bankruptcy

Chinese shadow lender Zhongzhi files for bankruptcy
businesstelegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstelegraph.co.uk Daily Mail and Mail on Sunday newspapers.

Alicia garcXie zhikunHong kong based

Zhongzhi Enterprise Group: Chinese shadow bank files for bankruptcy

The troubled firm reportedly told investors in November its liabilities had outstripped its assets.

Xie zhikunZhongzhi enterprise groupProperty developersShadow bankChinese officialsProperty sectorReal estate firmsBeijing court

China Deals with Debt Blow: $64 billion Zhongzhi Collapses, Raising Questions About China s Finance

China's $64-billion shadow bank Zhongzhi crumbles! Investors in panic, economy braces for impact. Read this article to know more about this.

Xie zhikunZhongzhi enterprise group

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