A subsidiary of Evergrande Real Estate Group Ltd. has paid HK$3.89 billion ($500 million) for a 5.59 per cent stake in Shengjing Bank Co., in the latest purchase by the Chinese developer that is piling on debt for acquisitions.
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
