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An article from The Economist points out that Chinese financial markets are facing new problems, as Guohou Asset Management, a company designated to remove troubled loans, itself needs restructuring, which suggests that similar fates may befall other members of the so-called debt-bomb squad. (translated)

🇨🇳 #China’s Local State Asset Managers Join Stock Rescue - Financial News ➡ A number of state-owned asset management companies affiliated with local governments stepped up stock purchases and dividend payout in an effort to support the market, Financial News says in a report. #China #StockMarket #AssetManagement #CN