The shares of Shengjing Bank held by a subsidiary of Evergrande Group will be auctioned with a starting price of about 7.307 billion yuan


2022-08-08: [Chinese Article Link [TechWeb] Information dated 8 August that, according to the Ali auction platform, the Intermediate People's Court in Shenyang City, Liaoning Province, will hold a public auction between 1000 hours on 6 September 2022 and 1000 hours on 7 September 2022 on the subject of 1,282 million shares (in-house equity) in Singking Bank Holdings Ltd., which are held by the Hengjiang Group (South China). According to a survey carried out by the company, the shareholders in the Heng Da Group (Sang Chang) Ltd. were the Heng Group Ltd. and the Heng Great Financial Investment (Shen Shenzhen) Ltd., with two enterprises holding 54.9932 per cent and 45.0068 per cent of the shares, respectively.


Note: This is a machine translated version of the Chinese news media article. A mature and nuanced reading is suggested.




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The shares of Shengjing Bank held by a subsidiary of Evergrande Group will be auctioned with a starting price of about 7.307 billion yuan


2022-08-08: [Article Link [TechWeb] Information dated 8 August that, according to the Ali auction platform, the Intermediate People's Court in Shenyang City, Liaoning Province, will hold a public auction between 1000 hours on 6 September 2022 and 1000 hours on 7 September 2022 on the subject of 1,282 million shares (in-house equity) in Singking Bank Holdings Ltd., which are held by the Hengjiang Group (South China). According to a survey carried out by the company, the shareholders in the Heng Da Group (Sang Chang) Ltd. were the Heng Group Ltd. and the Heng Great Financial Investment (Shen Shenzhen) Ltd., with two enterprises holding 54.9932 per cent and 45.0068 per cent of the shares, respectively.

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.

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