CHINA: Huarong and Evergrande show Beijing’s pragmatic approach to moral hazard

Table of Contents

A group of state-owned financial institutions will recapitalize Huarong, the state-owned financial conglomerate that fell into distress after the ex- chairman was convicted of bribery and later executed. Though Huarong's exchange filing did not reveal details of the state bailout...

 

Become a member to read the rest of this article

Subscribe to receive updates from Teneo

Most recent by Teneo

Share this page

CHINA: Huarong and Evergrande show Beijing’s pragmatic approach to moral hazard

A group of state-owned financial institutions will recapitalize Huarong, the state-owned financial conglomerate that fell into distress after the ex- chairman was convicted of