Holstein cows on a farm. Huishan Dairy is China’s largest operator of dairy farms, with as many as 200,000 dairy cattle.Photo: AFP Holstein cows on a farm. Huishan Dairy is China’s largest operator of dairy farms, with as many as 200,000 dairy cattle.Photo: AFP
Holstein cows on a farm. Huishan Dairy is China’s largest operator of dairy farms, with as many as 200,000 dairy cattle.Photo: AFP

How the magic went out of Huishan’s financial wizardry

Whenever a bank’s interest is tied to the share price of its debtor, the options become very limited for all concerned

Topic |   Money Matters
Holstein cows on a farm. Huishan Dairy is China’s largest operator of dairy farms, with as many as 200,000 dairy cattle.Photo: AFP Holstein cows on a farm. Huishan Dairy is China’s largest operator of dairy farms, with as many as 200,000 dairy cattle.Photo: AFP
Holstein cows on a farm. Huishan Dairy is China’s largest operator of dairy farms, with as many as 200,000 dairy cattle.Photo: AFP
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