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CHINA CREDIT WRAP: Huarong’s Bond Selloff Reaches Onshore Market

Outside the China Huarong Asset Management Co. headquarters in Beijing earlier in April.

Outside the China Huarong Asset Management Co. headquarters in Beijing earlier in April.

Photographer: Yan Cong/Bloomberg
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Onshore investors showed their first sustained concerns about China Huarong Asset Management this week, with some onshore bonds slumping as the market digested the latest reports on the firm’s possible fate.

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