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Huarong Volatility Intensifies as Beijing Keeps Traders Guessing

https://www.bloomberg.com/news/articles/2021-05-19/huarong-volatility-intensifies-as-beijing-keeps-traders-guessing
Another week of silence from Beijing on the fate of China Huarong Asset Management Co. is stoking renewed volatility in the company’s bonds, as traders juggle competing narratives about the prospect of a debt restructuring.