Cinda was set up under the People’s Bank of China in the late 1990s to deal bad assets amassed by mainland banks. Photo: Xinhua

Cinda to submit papers for Hong Kong IPO next month

With potential underwriters shortlisted and strategic investors already in place, sale of shares in debt-clearing agency to be swift

Topic |   Cinda

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Cinda was set up under the People’s Bank of China in the late 1990s to deal bad assets amassed by mainland banks. Photo: Xinhua
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