Chinese regulators said on Friday they would need another year to sort out the restructuring of nine financial firms connected to embattled Tomorrow Holdings, as authorities seek to stem systemic financial risks in the pandemic-hit economy.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com