China Evergrande to sell $1.5 bln stake in Shengjing Bank to state firm
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Cash-strapped China Evergrande Group said on Wednesday it plans to sell a 9.99 billion yuan ($1.5 billion) stake it owns in Shengjing...
Full ArticlePublished
Cash-strapped China Evergrande Group said on Wednesday it plans to sell a 9.99 billion yuan ($1.5 billion) stake it owns in Shengjing...
Full ArticleAsian shares were mostly higher on Thursday after a mixed trading session on Wall Street.
Tokyo’s Nikkei 225 index was..
The deal is the latest sign that the country’s authorities are trying to help the property giant resolve some of its financial..