China Cinda, Nearing IPO, Has Been Reinventing Itself

China Cinda, which has outlived its role as a "bad bank," is about to launch an IPO of up to $2.46 billion even as it has been borrowing billions more to reinvent itself as a lender to cash-strapped Chinese firms, a filing shows.



from WSJ.com: US Business http://online.wsj.com/article/SB10001424052702304281004579219970568528860.html?mod=pls_whats_news_us_business_f

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