People visit the China Huarong Asset Management stand at a finance expo in Beijing in this file image. The company recently bought a 36.2 per cent stake in a unit of CEFC China Energy. Photo: Reuters

China’s Huarong Asset Management buys 36pc stake in CEFC China unit

Stock market filing suggests deal, made through Huarong Ruitong Equity Investment Management, worth about US$1.5 billion

Topic |   Mergers & Acquisitions

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People visit the China Huarong Asset Management stand at a finance expo in Beijing in this file image. The company recently bought a 36.2 per cent stake in a unit of CEFC China Energy. Photo: Reuters
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