Huarong Contagion Risk Resurfaces

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  • Bloomberg Markets and Finance published this video item, entitled “Huarong Contagion Risk Resurfaces” – below is their description.

    Jun.02 — Concern about China Huarong Asset Management Co.’s future is once again spreading to other bad debt managers. A selloff in bonds has resumed after weeks of uncertainty. That comes as S&P mulls downgrading Huarong which could cause even more turmoil. Bloomberg’s Kevin Kingsbury reports on “Bloomberg Markets: China Open.”

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