{"id":28862,"date":"2015-04-10T10:53:36","date_gmt":"2015-04-10T02:53:36","guid":{"rendered":"http:\/\/www.chinamoneynetwork.com\/?p=30568"},"modified":"2015-04-10T10:53:36","modified_gmt":"2015-04-10T02:53:36","slug":"citic-capital-raises-140m-via-china-cinda-exit","status":"publish","type":"post","link":"https:\/\/www.chinalegalblog.com\/en\/2015\/04\/10\/citic-capital-raises-140m-via-china-cinda-exit\/","title":{"rendered":"CITIC Capital Raises $140M Via China Cinda Exit"},"content":{"rendered":"<p>CITIC Capital has sold its 1.96% stake in Hong Kong-listed bad debt manager, China Cinda Asset Management Co. Ltd., for a total of HK$1.09 billion (US$140 million), according to media reports. CITIC Capital offloaded 229.2 million shares at HK$4.75 per share, a 2.5% discount to Thursday's closing price of HK$4.87. In March 2012, CITIC Capital [&#8230;]<\/p>\n<p>Visit <a href=\"http:\/\/www.chinamoneynetwork.com\/\" title=\"China Money Network\"><b>ChinaMoneyNetwork.com<\/b><\/a> for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter <a href=\"http:\/\/www.twitter.com\/chinamoneypod\" title=\"Follow China Money Network on Twitter\">@chinamoneypod<\/a> subscribe to all episodes on <a href=\"http:\/\/www.itunes.com\/podcast?id=451002399\" title=\"Download and listen to China Money Podcast on iTunes\">iTunes<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CITIC Capital has sold its 1.96% stake in Hong Kong-listed bad debt manager, China Cinda Asset Management Co. Ltd., for a total of HK$1.09 billion (US$140 million), according to media reports. CITIC Capital offloaded 229.2 million shares at HK$4.75 per share, a 2.5% discount to Thursday's closing price of HK$4.87. In March 2012, CITIC Capital [&hellip;]<\/p>\n<p>Visit <a href=\"http:\/\/www.chinamoneynetwork.com\/\" title=\"China Money Network\"><b>ChinaMoneyNetwork.com<\/b><\/a> for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter <a href=\"http:\/\/www.twitter.com\/chinamoneypod\" title=\"Follow China Money Network on Twitter\">@chinamoneypod<\/a> subscribe to all episodes on <a href=\"http:\/\/www.itunes.com\/podcast?id=451002399\" title=\"Download and listen to China Money Podcast on iTunes\">iTunes<\/a>.<\/p>\n","protected":false},"author":146,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194,1621],"tags":[7434,5723,5436,4567,3952],"class_list":["post-28862","post","type-post","status-publish","format-standard","hentry","category-news-chinese-law","category-private-equity","tag-bad-debt-manager","tag-china-cinda","tag-exits","tag-funds","tag-investment-news"],"_links":{"self":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/28862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/users\/146"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/comments?post=28862"}],"version-history":[{"count":1,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/28862\/revisions"}],"predecessor-version":[{"id":28863,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/28862\/revisions\/28863"}],"wp:attachment":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/media?parent=28862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/categories?post=28862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/tags?post=28862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}