China’s Sinopec To Acquire 10.98% Of JD Capital’s Securities Unit, Eyes PE Deals

China’s state-owned petroleum and petrochemical company Sinopec Group has agreed to acquire a 10.98% stakes in Jiuzhou Securities, the securities unit of Chinese local private equity player JD Group, for RMB407 million (US$59 million), according to a disclosure filing.

China Money Network

Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech

Register Now

Want to read this important story?

Access thousands of news articles and data posts over the past 9 years!

Already have an account or paid subscription? Log in

China Expert network