Evergrande sells a $1.5 billion stake in a bank to help settle debts.
A Chinese state-owned enterprise is buying the stake, worth around 20 percent in Shengjing Bank.
Full Article
Evergrande sells a $1.5 billion stake in a bank to help settle debts.
NYTimes.com
0 shares
1 views
You might like
Related news coverage
Here is why Evergrande is selling its stake in Shengjing Bank
Invezz
Embattled Chinese property developer Evergrande (HKG: 03333) is planning to sell a $1.5 billion interest in Shengjing Bank (HKG:..
-
Asian shares mostly gain after mixed session on Wall Street
SeattlePI.com
-
Evergrande stock has soared 35% in the past week as the embattled property developer sells assets to pay its debts
Business Insider
-
Evergrande selling $1.5 billion stake in its own bank
Upworthy
-
China Evergrande to Sell Bank Stake to State-Owned Firm for $1.5 Billion
Upworthy
Advertisement
More coverage
Asian shares tumble on jitters over inflation, bond yields
SeattlePI.com
Asian shares fell sharply on Wednesday after a broad slide on Wall Street as investors reacted to a surge in U.S. government bond..
-
Troubled Chinese airline group proposes paying 40% of debts
SeattlePI.com
-
Evergrande to sell $1.5 billion stake in Chinese bank, as it faces another bond interest payment
Upworthy
-
China Evergrande to sell $1.5 bln stake in Shengjing Bank to state firm
Upworthy
-
China's Distant Waters Fleet Raises Overfishing Concerns
VOA News