Everything you need to know about China Huarong’s return after 9-month hiatus
In the end, state-owned companies including Citic Group Corp., China Insurance Investment Co. and China Life Asset Management Co., agreed to help Huarong out with a US$6.6 billion bailout, a bailout that would also shift the control of the company to Citic.
Who’s Huarong again?
* China Huarong