On August 7, the Fujian Financial Supervisory Authority issued an administrative penalty information disclosure form showing that the Fujian branch of China Cinda Asset Management Co., Ltd. was fined 300,000 yuan for “unclean disposal of debt asset packages”.

On August 7, the Fujian Financial Supervisory Authority issued an administrative penalty information disclosure form showing that the Fujian branch of China Cinda Asset Management Co., Ltd. was fined 300,000 yuan for “unclean disposal of debt asset packages”.