shengjing bank

Why the Evergrande-Shengjing Bank tie-up is a worrying sign

The marriage between a heavily-indebted real estate developer and a poor capitalised bank could be a bad example for other lenders to follow.

July 02, 2019

Evergrande boosts Shengjing Bank stake for $1.5b

The Chinese property developer has agreed to acquire a further 17.28% stake in Shengjing Bank, continuing its buying spree in the face of mounting debt.

April 28, 2016