Huarong’s Woes are a Warning to Lazy Investors
Details
- Publish Date:
- May 19, 2021
- Author(s):
-
- Masters, Brooke
- Source:
- Financial Times
- Related Person(s):
- Related Organization(s):
Summary
“It is the test case par excellence about Beijing’s willingness to impose market discipline on the financial sector,”
“I don’t think they can let Huarong go down . . . but they may have no choice but to impose haircuts on the bondholders”.
Read More