Thursday, October 31, 2013
ANBOUND: the Future of Local AMCs is not Promising
ANBOUND
Currently, local AMCs across China are sprouting up due to the increase of local debts. Anbound's research team insists that only by adopting a broader strategic perspective while investing, could the local AMCs ensure profits from the non-performing assets under the current situation. The AMCs should request the commercial banks to make maximum concessions when determining the prices for the non-performing assets.