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

Jamie Dimon vows to support Elon Musk

May 31, 2025

US SEC dismisses lawsuit against Binance crypto exchange

May 31, 2025

Truist Initiates Teva Pharmaceuticals (TEVA) Coverage with Buy, $25 Price Target

May 31, 2025

Mortgage rates spend another week stuck near 7%

May 31, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Jamie Dimon vows to support Elon Musk

May 31, 2025

Valmik Thapar, conservationist and chronicler of India’s tigers, dies at 73 | India News

May 31, 2025

Learn the best way to store walnuts during summer months | Food-wine News

May 31, 2025

Dave Portnoy makes huge statement while sounding alarm bells for WNBA

May 31, 2025
Popular Post

Where CISOs are getting quick zero-trust wins today to save tomorrow’s budgets

Final results for Tennessee Lottery 250 at Nashville Superspeedway

Nearly 50 detained during Tren de Aragua party raid in Adams County

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.