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Top News In Zhang Jindong Suning Today - Breaking & Trending Today

Evergrande's Worsening Crisis Piles Pressure on Founder to Act Fast


Telecom shares drop in Canada on spectrum sticker shock
Futures erase gains, treasuries rise on jobs data
Varun Anand s Top Picks: July 21, 2021
Michael Sprung s Top Picks: July 20, 2021
Barry Schwartz s Top Picks: July 19, 2021
Stocks slumps as virus jitters fuel rush into bonds
Larry Berman: Market breadth indicators suggest trend is weakening into poor seasonal patterns
Mike Philbrick s Top Picks: July 16, 2021
Brookfield to launch private REIT with assets from Oaktree
Record U.S. stock rally stalls with inflation rising
Reddit traders are upending the world of credit investing, too
Tyler Mordy s Top Picks: July 15, 2021
JPMorgan strategist warns of dot-com era bull trap in Ark fund ....

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China Urged Evergrande Founder to Find Quick Fix for Debt Woes


Andrew Pyle s Top Picks: July 9, 2021
U.S. stocks climb to all-time highs while bonds retreat
John Zechner s Top Picks: July 8, 2021
Meme stocks are on brink of bear market as retail frenzy fades
Banks poised for 13% dividend boost when OSFI allows
Brian Madden s Top Picks: July 7, 2021
Dennis Da Silva s Top Picks: July 6, 2021
Ross Healy s Top Picks: July 5, 2021
Telus, Enbridge greenium boosts sustainability-linked bonds
Alex Ruus Top Picks: July 2, 2021
We re #28! TSX rides commodity rally to outpace Dow Industrials
Colin Stewart s Top Picks: June 30, 2021
U.S. stock euphoria abates at end of big first half
Bruce Campbell s Top Picks: June 29, 2021
Lorne Steinberg s Top Picks: June 28, 2021 ....

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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 Jindong’s Suning empire, marking another step in Beijing’s 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. That’s 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). ....

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