China has fined auditing firm Deloitte 211.9 million yuan ($30.8 million) for failing to perform its duty in assessing the asset quality of China Huarong Asset Management Co Ltd , the finance ministry ...

China Huarong Asset Management Co said on Monday that it will sell a 70% stake in its consumer finance unit for 1.1 billion yuan ($172.64 million) to Bank of Ningbo, as Huarong continues to divest ...

BEIJING (Reuters) - China Huarong Asset Management Co Ltd, the country's biggest manager of distressed assets, plans to expand its bad debt business and establish up to five local government-backed ...

Shares of China Huarong Asset Management Co Ltd plunged as much as 50% in Hong Kong on Wednesday to a record low, as trading resumed after a nine-month suspension, giving investors the chance to ...

HONG KONG (Reuters) -Shares of China Huarong Asset Management Co Ltd plunged as much as 55% in Hong Kong on Wednesday to a record low, after trading resumed following a nine-month hiatus, even as the ...

(Reuters) – Chinese state-owned asset manager China Huarong Asset Management said on Wednesday it will receive fresh capital worth 42 billion yuan ($6.59 billion) from a state consortium led by Citic ...

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BEIJING (Reuters) - China's banking watchdog named Liang Qiang, an asset management veteran, to the senior post of deputy communist party boss at China Huarong Asset Management Co, the state-run firm ...

China Huarong Asset Management Co. said it returned to profit last year after revamping its sprawling businesses and receiving a $6.6 billion government-orchestrated bailout. The state bad-debt ...

China Huarong Asset Management Co. expects to swing to a significant net loss in the first half, weighed by market volatility, macroeconomic pressure and a downturn in the real-estate industry. The ...

About China Huarong Asset Management Co. Ltd. China Huarong Asset Management Co., Ltd. engages in the provision of financial services. It operates through the following segments: Distressed Asset ...