Backed by the state, with access to low-cost capital, Huarong has become one of China’s most aggressive investors. Photo: Reuters

China’s Huarong to raise US$1b in Hong Kong note sale after former boss’ downfall

It will sell three batches of notes to institutions to raise funds for general working capital

Topic |   Banking & Finance

TOP PICKS

Backed by the state, with access to low-cost capital, Huarong has become one of China’s most aggressive investors. Photo: Reuters
READ FULL ARTICLE