The courtyard of CEFC’s corporate head office in Shanghai, valued at 1.9 billion yuan, as of July 20, 2018. Photo: SCMP/Xie Yu.

China’s leveraged asset buyers must now brace for discounts in their forced fire sales

Topic |   Mergers & Acquisitions

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The courtyard of CEFC’s corporate head office in Shanghai, valued at 1.9 billion yuan, as of July 20, 2018. Photo: SCMP/Xie Yu.
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