Central Huijin Investment Ltd, a unit of China’s sovereign wealth fund that owns stakes in a range of major financial institutions on behalf of the government, will buy into troubled regional lender Hengfeng Bank Co, according to local media.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com