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Evergrande s Worsening Crisis Piles Pressure on Founder to Act Fast

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China Urged Evergrande Founder to Find Quick Fix for Debt Woes

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China State Fund That Includes Alibaba to Invest in Suning Unit

China State Fund That Includes Alibaba to Invest in Suning Unit Bloomberg News, Bloomberg News (Bloomberg) A Chinese state-backed fund will take a stake in the retail arm of billionaire Zhang Jindongâs Suning empire, marking another step in Beijingâs efforts to clean up its heavily indebted conglomerates. The fund, led by the Nanjing state asset management committee and the Jiangsu provincial government, will take a 16.96% stake in Suning.com Co. at 5.59 yuan a share, according to a statement Monday. Thatâs the same price the stock was trading at before it was halted June 16, valuing the deal at about 8.8 billion yuan ($1.36 billion).

Bu yangZhang jindong suningAlibaba group holding ltdHaier group coSuning appliance group coMidea group coXiaomi corpTechnology group corpChina evergrande groupZhang jindongGroup holdingMidea groupHaier groupஅலிபாபா குழு வைத்திருத்தல் லிமிடெட்மீடெஅ குழு இணைகிஷியாொமி கார்ப்

Alibaba-Led Bailout of China Retailer Draws Haier, Xiaomi

Alibaba-Led Bailout of China Retailer Draws Haier, Xiaomi
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Bu yangZhang jindong suningHaier group coMidea group coTechnology group corpAlibaba group holding ltdSuning appliance group coXiaomi incChina evergrande groupYuyue groupHaier groupAlibaba group holdingZhang jindongBloomberg newsமீடெஅ குழு இணைதொழில்நுட்பம் குழு கார்ப்

Alibaba Deal Prospects Push Suning s China Bond to 10-Month High

Alibaba Deal Prospects Push Suning s China Bond to 10-Month High
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Zhang jindong suningAlibaba group holding ltdSuning appliance group coSuning international groupBloomberg china suning holdings group coSuning holdings groupAlibaba group holdingZhang jindongBloomberg newsஅலிபாபா குழு வைத்திருத்தல் லிமிடெட்அலிபாபா குழு வைத்திருத்தல்ஜாங் ஜிண்டோங்ப்ளூம்பெர்க் செய்தி