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China Orient Asset Management gains Approval to Issue Bonds to Resolve Risks in the Property Sector

Shanghai- The China Orient Asset Management reported its approval to issue up to 10 billion yuan bonds in China’s interbank bond market to solve risks in the country’s property sector. 

China Orient, one of the country’s  biggest asset management companies (AMCs) was established to get rid of non-performing loans from major state banks in China.

Recently, China’s financial regulating officials had a meeting with the country’s major bad loan companies to analyze the relevance of asset management companies in the disposal of developers’ assets. 

If you are looking to expand your investment portfolios in China, Damalion offers a wide range of consulting services to help you every step of the way. Our vast global service network ensures clients receive superior support, whether you wish to do business in China or other foreign jurisdictions. To learn the best option for your specific needs, reach out to a Damalion expert today. 

This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.