Understanding the Market | CHINA CINDA fell nearly 9% to transfer 5.3 billion debt rights of two companies, involving multiple project sites or assets in Fuzhou
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CHINA CINDA's stock price fell by nearly 9%, dropping by 8.78% as of the time of publication to HKD 1.35, with a turnover of HKD 5.48 billion. The company issued a investment promotion announcement through the Alibaba Asset Trading Network, transferring debt assets packages related to two projects including Sufar Global (Fujian) Import and Export Trade, totaling 530 million yuan. The main collateral methods include land use rights and real estate mortgages
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