China Wealth Firm Hywin Vows to Fix Defaults as Shares Tank 59% Bloomberg Makemetechie.com Summary

China Wealth Firm Hywin Vows to Fix Defaults as Shares Tank 59% Bloomberg | Makemetechie.com Summary

News Summary

The economic downturn had led to delays in underlying projects of certain products, it said, without disclosing the amount involved..

Chinese wealth manager Hywin Wealth Management Co. pledged to address delayed payments on some investment offerings it had distributed, after its USlisted shares sank almost 60% amid investor concer [+342 chars]

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