China’s Huarong Buys 36% Stake In Energy Group CEFC. Preparing To Buy Stake in Rosneft.

Chinese asset manager Huarong has bought 36 per cent of a subsidiary of Chinese energy group CEFC, filings show, potentially giving it a role in the company’s plan to buy a $9bn stake in Russian oil company Rosneft.

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I do not know much about this, but I know that Rosneft is Pandora's box for many....

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2 hours ago, damirUSBiH said:

Chinese asset manager Huarong has bought 36 per cent of a subsidiary of Chinese energy group CEFC, filings show, potentially giving it a role in the company’s plan to buy a $9bn stake in Russian oil company Rosneft.

Interesting that just last week, CEFC's founder Ye Jianming was detained for questioning with regards to alleged corruption. Coincidence?

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And now it has come to light that CEFC has already made a downpayment for Rosneft. Rosneft went to china looking for answers as to what is going on with the deal, but the party (CEFC) had "just vanished" and they were unable to get an update.

Vanished? Not good. 

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