Great Wall Asset Management Receives $1.78B Investment To Expand NPL Investment

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Great Wall Asset Management Co., Ltd., one of the big four Chinese state-owned asset management companies (AMC) tasked to manage the country’s bad debt, has brought in four strategic investors who will invest a total of RMB12.12 billion (US$1.78 billion) to acquire 15.78% of the Beijing-based firm. 

China Money Network

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