China Overseas Land loan available in secondary market

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China Overseas Land loan available in secondary market

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Scenic view over Hong Kong island, China, by night. Multicolored nighttime skyline with illuminated skyscrapers seen from Victoria Peak | Dmitry Telegin/Funny Studio - stock.adobe.com

A HK$18bn ($2.3bn) term loan sealed by China Overseas Land and Investment in 2017 is doing the rounds in the secondary market, offering asset-starved banks an opportunity to take exposure to the Hong Kong-listed company.

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