Huarong Energy stays in the red with a loss of $1bn

Huarong Energy has stayed in the red for 2015 posting a loss of RMB6.54bn ($1.01bn), as the group continues on...

Huarong Energy proposes new shares issuance to reduce debts

Huarong Energy, formerly Rongsheng Heavy Industries, has proposed to issue new shares worth a total of HKD20.53bn ($2.64bn) for subscription by its bank and supplier creditors. ...