国内四大资产管理公司之一的长城资产将引进5-8家战略投资者，准备明年上市。请看本报昨日的报道：

    China Great Wall Asset Management Corp., one of the country’s four major State-owned managers of distressed debt, is seeking five to eight foreign and domestic strategic investors next year ahead of a market listing.

    Great Wall Asset said in December last year it planned to list in Hong Kong or on the mainland in the first half of 2017.

    报道中的distressed debt就是“不良债权”，指借款者无力偿付的贷款，这个词如果指债券，则是面临破产的公司发行的债券，市场交易价格远低于票面价

    格。例如：

    He is most likely to invest in distressed debt and securities backed by commercial real estate, rather than the buildings themselves.

    他更可能投资商业地产担保的不良债务和证

    券，而不是房地产。