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https://www.bloomberg.com/news/articles/2023-11-27/china-investors-face-tens-of-billions-in-losses-over-zhongzhi
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China Investors Face Tens of Billions in Losses Over Zhongzhi - Bloomberg
11/26/23 at 10:56pm
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Bloomberg
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43 words
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Business & Industrial
Investing
Face Tens of Billions
China
As China’s embattled shadow banking giant Zhongzhi Enterprise Group Co. faces a criminal probe, lawyers and analysts are assessing the damage to investors. One estimate puts that at about $56 billion.
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