Central Huijin Investment Leads Financial Bailout of Hengfeng Bank

Posted on 12/18/2019

The China Investment Corporation (CIC), through its bank holding unit Central Huijin Investment Ltd, is leading a 100 billion RMB (US$ 14.21 billion) bailout of HengFeng Bank Co., Limited. Hengfeng Bank is located in China’s Shandong province. Hengfeng Bank plans to sell 100 billion shares at a valuation of 1 RMB per share. Central Huijin […]

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