China Huarong to invite 8 strategic investors

China Huarong Asset Management Co., Ltd., the country's largest asset-managing company, announced Thursday it will partner eight strategic investors and go public.

China Life, Warburg Pincus, CITIC Securities International, Khazanah Nasional Berhad, CICC, COFCO, Fosun and GoldmanSachs will put a total of 14.54 billion yuan ($2.36 billion) in China Huarong.