Fund News, Special Situations

Real Estate Developer Vanke and China’s Largest Bank Team Up in Bid For Distressed Assets

China Vanke Co., a developer of residential properties, and Industrial and Commercial Bank of China (ICBC) have teamed up to raise a fund of up to 10 billion yuan ($1.53 billion) to invest in assets including distressed debt held by Chinese financial institutions. Please login/register to view this content.

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