Huarong ultimately proved too big to fail, but its protracted bailout process demonstrates Beijing’s determination to punish creditors who ignore risks in heavily indebted companies.
CX Daily: What Could Stop The Hottest Thing In IPOs From Landing In Hong Kong -The U.S. slashes inbound Chinese passenger flights to 40% of capacity. China’s financial regulators summon Evergrande’s senior management for a talk
China Huarong Wins State-Led Bailout, After Losses Record Over 100 Billion theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.
EMEA Morning Briefing: Shares to Tumble After Fed -2- morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.