Announcement
15 Aug 2017
August 15, 2017 - China's state-owned CITIC group announced a bailout of the struggling Hongqiao group - the world's largest aluminium smelter.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
15 Aug 2017
Revocation date:
No revocation date
Updated: 15 Aug 2017
Equity stake
In force
On the 15th of August 2017, after a joint meeting in Hong Kong, China's CITIC, the largest conglomerate in the country, announced it would be buying 806.6m new shares and USD 320m of convertible bo...
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