News for Sinolink Worldwide Holdings Limited (1168.HK)

Published at

Sep 8, 2022 3:59 PM

by benzinga.com

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Alibaba Group Holding (NYSE:BABA), FinVolution Gr (NYSE:FINV) – All in the Family: Cash-strapped ZhongAn Taps Chairman's Ties to Fund a Money-losing Unit

Key Takeaways: Sinolink will buy about 156 million new shares in ZhongAn’s overseas business development unit, ZhongAn International, for about $103 million The deal comes in a difficult year for ZhongAn, whose own cash holdings are dwindling By Warren Yang

FINV 1168.HK ZZHGY ZZHGF BABA 6060.HK 601318.SS 1299.HK

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Published at

Sep 8, 2022 5:34 AM

by seekingalpha.com

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Cash-Strapped ZhongAn Taps Chairman's Ties To Fund A Money-Losing Unit

Sinolink will buy about 156 million new shares in ZhongAn’s overseas business development unit, ZhongAn International, for about $103 million.

ZZHGY ZZHGF 6060.HK 601318.SS 1168.HK 1299.HK

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