Brief: China Huarong Asset Management Sees HY Net Loss Attributable RMB4,600 Mln To RMB5,000 Mln
17/08/2023 16:29
Aug 17 (Reuters) - China Huarong Asset Management Co Ltd
2799.HK :
* SEES NET LOSS ATTRIBUTABLE FOR SIX MONTHS TO RANGE FROM
RMB4,600
MILLION TO RMB5,000 MILLION
* EXPECTED RESULT DUE TO Y-O-Y INCREASE IN GAIN OR LOSS FROM
FAIR
VALUE CHANGES OF EQUITY ASSETS, AMONG OTHERS
* SEES HY CREDIT IMPAIRMENT LOSSES & UNREALIZED LOSSES FROM
FAIR
VALUE CHANGES OF DISTRESSED DEBT ASSETS RMB22.7-23.2BLN
Further company coverage: 2799.HK
((reuters.briefs@thomsonreuters.com;))
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