China Orient Asset Management to raise $1.52b before IPO

China Orient Asset Management to raise $1.52b before IPO

China Orient Asset Management Co, one of the country’s top distressed debt managers, will raise 10 billion yuan ($1.52 billion) ahead of its initial public offering (IPO), Xinhua news agency said on Thursday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter