China’s booming distressed debt market is generating high returns for the high risks that investors are taking. With an increasing number of players and more capital flowing into the space, the industry is gradually maturing by rewarding those with real local expertise and flushing out others who dream of quick profits. The non-performing asset disposal market in China now consists of four national asset management companies (AMC), including Huarong, Cinda, Orient and Great Wall, and 55 local AMCs that were …

High Returns, High Risks Are Hallmarks Of China’s Booming Distressed Debt Market appeared first on China Money Network.