In a sign of the challenges facing the distressed debt market in China, a Chinese investment firm in the non-performing loans market is in deep financial distress with billions of its asset-under-management in danger of significant losses. Its executives have been arrested and could be charged with criminal offenses, according to Chinese local media reports. […]

Chinese NPL Investment Firm Goes Bust With Billions At Stake, Executives Arrested comes originally from China Money Network. All Rights Reserved.