Beijing police launch investigation into troubled wealth manager Zhongzhi
SHANGHAI Beijing police are investigating suspected crimes committed by Zhongzhi Enterprise Group, a leading Chinese wealth manager, according
2023-11-25 22:53
China wealth manager Zhongzhi flags insolvency, liabilities of $64 billion
BEIJING (Reuters) -China's Zhongzhi Enterprise Group told investors it is heavily insolvent with liabilities of up to $64 billion, more
2023-11-23 12:18
G20 India: Can a divided group deliver results?
G20 president India wants workable outcomes but the Ukraine war has deeply divided the group.
2023-09-08 05:17
Furious Chinese investors lodge complaints over trust firm's missed payments
BEIJING Angry investors in trust products of a leading Chinese shadow bank have lodged complaint letters with regulators,
2023-08-18 18:46
Factbox-Five facts about China asset manager whose troubles fanned spillover fears
BEIJING/SHANGHAI A liquidity crisis at one of China's top asset managers Zhongzhi Enterprise Group has fuelled worries that
2023-08-17 18:55
Chinese asset manager eyes restructuring to ease liquidity crunch amid contagion fears
By Jason Xue and Clare Jim SHANGHAI/HONG KONG Faced with a liquidity crisis, Zhongzhi Enterprise Group will conduct
2023-08-17 15:27
Analysis-China trust deficit: crisis spurs shadow banking policy response calls
By Summer Zhen and Laura Matthews HONG KONG/NEW YORK Chinese fears of a spillover from missed payments on
2023-08-15 21:18