Haide Industry Raising $858M To Expand Non-performing Asset Business


Shenzhen-listed company Hainan Haide Industry Co., Ltd. has announced plans to raise up to RMB5.5 billion (US$858 million) from not more than 10 investors to boost its asset management subsidiary, according to its security filing. Founded in 1992, Haide Industry originally engaged in the development, sales, management and leasing of real estate.  In 2016, the firm obtained the asset management company  (AMC) license and established its asset management subsidiary Haide Asset Management Ltd. Haide Asset Management focuses on the investment, management …

Haide Industry Raising $858M To Expand Non-performing Asset Business appeared first on China Money Network.


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