All posts - Tag: Zhongzhi

All posts - Tag: Zhongzhi

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Chinese shadow banking firm Zhongzhi goes bankrupt

Chinese wealth manager Zhongzhi Enterprise Group files for bankruptcy liquidation due to inability to repay debt amidst a worsening property market downturn

Another wave of corporate executives vanish in China, suspected association with embattled shadow lender Zhongzhi

Two high-ranking Chinese executives mysteriously vanish from companies affiliated with troubled shadow bank Zhongzhi, raising concerns about their safety and adding to the conglomerate's ongoing woes

China's Authorities Initiate Investigation into Distressed Financial Conglomerate Zhongzhi

China's financial conglomerate, Zhongzhi, faces intensified woes as it becomes the subject of a criminal investigation The troubled privately-owned company is now under scrutiny, further escalating it...