Posted inChengdu, China

Chengdu government launches US$1.44 bn bailout fund

The Chengdu municipal government has set up a 10-billion-yuan (US$1.44 billion) bailout fund to help to ease the liquidity crisis of listed companies, The Paper reported. The government also pledged to make full use of relevant national financial policies and provide long-term financial support to companies by establishing special products or special private equity funds […]