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06 Nov
03:07

Baowu-lead fund to involve Chonggang in restructuring

On 4 November the listed arm of Chongqing Iron & Steel (Chonggang) announced that Chongqing Changshou Iron & Steel will be involved in its restructuring, according to Shanghai Stock Exchange. Public information shows Changshou was established in early October by Si Yuan He Steel Industrial Development Fund and Chongqing Strategic Emerging Industry Investment Fund. According to the announcement, Chonggang’s liquidation team has agreed to involve Cha…
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