Huarong Breaks Silence on Financials to Reassure Investors


From Bloomberg Markets and Finance.

May.03 — China Huarong Asset Management Co. is hitting back, breaking its silence on its financial health, reassuring investors that it can and is able to repay its debts. The asset manager also hitting back at its recent ratings downgrades, saying they had no factual basis. Bloomberg’s Rebecca Choong Wilkins reports on “Bloomberg Markets: China Open.”

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