Huarong AMC braves volatility for long-awaited return

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Huarong AMC braves volatility for long-awaited return

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Businessman hand grabbing money, US dollar (USD) bills | kritchanut - Fotolia

China Huarong Asset Management Co focused on getting a sensible price rather than a large size with its Tuesday bond issue, raising $1.1bn from three tranches. The deal followed a probe of its former chairman earlier this year, as well as a general widening of bonds from the sector.

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