China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
Chinese Bad Bank Cinda Seeks Approval For HK IPO
Aggregated Source: China Money Network
Beijing-based China Cinda Asset Management Co. Ltd., one of four state-owned asset management companies set up in the late 1990s to manage China's bad bank debt, is seeking approval to list in Hong Kong this week, according to media reports. The report also says that Cinda is planning to raise around $2 billion. Founded in […]

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