Evergrande to sell $1.5 billion stake in Chinese bank, as it faces another bond interest payment

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Published in TZ Latest News 28 September, 2021 by The TZ Newswire Staff

Evergrande to sell $1.5 billion stake in Chinese bank, as it faces another bond interest payment

Indebted Chinese developer Evergrande is set to sell off a 9.99 billion yuan ($1.5 billion) stake it owns in a Chinese bank to a Chinese state-owned asset management firm.

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Published in TZ Latest News 28 September, 2021 by The TZ Newswire Staff

Evergrande to sell $1.5 billion stake in Chinese bank, as it faces another bond interest payment

See also

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