In a post on his website Friday, Webb published a list of 26 stocks “not to own” due to links with China Huarong Asset Management Co., the bad-debt management firm whose former chairman is under investigation by Chinese authorities.

The list centers around China Huarong and China Minsheng Banking Corp., two companies that helped finance a “complex web of dealings” in 24 other publicly traded firms, Webb wrote. Huarong’s former chairman Lai Xiaomin was expelled from China’s Communist Party for violations including bribery and squandering state assets.

China Huarong and China Minsheng Banking didn’t immediately reply to requests for comment.
https://webb-site.com/articles/huarongcmb.asp

https://www.bloomberg.com/news/artic...-stock-warning