News China15 Jun 2018

At least 10 insurers involved in at-risk Yingkou Port debt investment plan

| 15 Jun 2018

Yingkou Port Group, the parent company of Shanghai-listed Yingkou Port, has sent a letter to Sun Life Everbright Asset Management stating that due to a shortage of funds, it is unable to repay as scheduled the principal and interest on Sun Life Everbright-Yingkou Port Debt Investment Plan totalling more than CNY530 million ($83 million), reports 21st Century Business Herald.

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