Close Menu
  • Homepage
  • Local News
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
  • Business
  • Technology
  • Health
  • Lifestyle
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
Facebook X (Twitter) Instagram Pinterest
JHB NewsJHB News
  • Local
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
Let’s Fight Corruption
JHB NewsJHB News
Home»Finance»Bank of China offers loans to ease Chinese developer’s liquidity
Finance

Bank of China offers loans to ease Chinese developer’s liquidity

December 11, 2022No Comments1 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

HONG KONG, Dec 9 (Reuters) – Financial institution of China, considered one of China’s prime 4 state-owned banks, has provided offshore loans to cash-starved Chinese language property developer Longfor Group Holdings Ltd (0960.HK), it stated in a press release on Friday.

The transfer was a part of the association by regulators to assist builders repay their money owed as China has stepped up help in latest weeks to undo a liquidity squeeze that has stifled the sector, which makes up 1 / 4 of the world’s second-largest financial system and has been a key driver of development.

Reporting by Meg Shen; Modifying by Toby Chopra

: .

Source link

bank China Chinese developers ease liquidity loans offers
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

3 Magnificent Dividend Stocks Down 19% to 48% I’m Buying Right Now for My Daughter’s Portfolio

May 9, 2025

Lakewood approves developer’s apartment plan at edge of Belmar Park

May 9, 2025

Audit firm hints at insider trading by former IndusInd Bank officials | Business News

May 9, 2025

Sanofi exec tells biotechs not to scrimp on clinical trial design

May 8, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Marco Rubio Speaks To S Jaishankar, Emphasises Need For “Immediate De-escalation”

May 9, 2025

Florida Nurse’s Shocking Excuse After Being ‘Caught Raping Her Stepson’

May 9, 2025

India–UK trade deal text expected in 3 months; No MIP on UK Whisky: Official | Business News

May 9, 2025

I’m in a Situationship With Netflix, and I Hate It

May 9, 2025
Popular Post

Pahalgam terror attack: Airlines directed to maintain regular fare levels for Srinagar flights, ensure no surge pricing | Business News

How fetching water is holding back India’s women

Tears of the Kingdom gameplay

Subscribe to Updates

Get the latest news from JHB News about Bangalore, Worlds, Entertainment and more.

JHB News
Facebook X (Twitter) Instagram Pinterest
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
© 2025 Jhb.news - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.