Dongju United Capital named top 10 fastest-growing AMCs in China
Dongju United Capital was selected as one of the top 10 fastest-growing asset management companies (AMCs) in China, according to research done by the Asian Economic Research Institute (AERI), a research arm of Asia Times.
AMCs are going to benefit from rising demand in the market as commercial banks continue to offload non-performing assets (NPAs) from their books. Dongju United Capital has benefited from the development of the Chinese asset management market.
The number of problematic companies and non-performing corporate debts is expected to gradually increase due to the elimination of obsolete capacities and “zombie companies” amid supply-side structural reform in China.
In recent years, commercial banks have been under huge pressure from the regulators to speed up the manage...