China Cinda Asset offers $1b liquidity support to Peking Founder

China Cinda Asset offers $1b liquidity support to Peking Founder

Photographer: SeongJoon Cho /Bloomberg

China Cinda Asset Management Group recently offered 8 billion yuan ($1.14 billion) worth of short-term liquidity support to Peking University Founder Group, two people with direct knowledge of the matter said on Wednesday.