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All in the Family: Cash-strapped ZhongAn Taps Chairman's Ties to Fund a Money-losing Unit
Summary
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
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Read Full ArticleArticle published on September 8, 2022 by benzinga