Summary | It will pay near the reserve price of HK$68 billion
($8.8 billion), said one source."Bidding for Nanyang shows a
different direction for Cinda's business strategy.This move
shows that Cinda, as a bad loan manager, wants to diversify in
the financial industry."The reserve price was equivalent to
1.95 times Nanyang Commercial's book value at the end of 2014.| ...
en.ce.cn | 26 August 2015