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Suning.com shares rally on $1.4bn govt-led injection

share price_575px_adobe_16Jul20
By Addison Gong
06 Jul 2021

An investor consortium led by the local government of Jiangsu has agreed to channel Rmb8.82bn ($1.36bn) into troubled Chinese electric appliance retailer Suning.com, giving a boost to the company’s share price.

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By Addison Gong
06 Jul 2021