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Chinese asset management giant Zhongzhi Enterprise Group has filed for bankruptcy and was unable to pay its debts, a Beijing court said on Friday. The
Chinese asset management giant Zhongzhi Enterprise Group has filed for bankruptcy and was unable to pay its debts, a Beijing court said on Friday. The development comes weeks after police opened an investigation into the group after the debt-ridden financial behemoth declared itself insolvent. According to a statement published by a Beijing court on WeChat, […]
The post Chinese finance giant Zhongzhi files for bankruptcy: court appeared first on Insider Paper.
https://insiderpaper.com/chinese-finance-giant-zhongzhi-files-for-bankruptcy-court/
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