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Zhong Jun says it's able to repay banks

Thursday, July 31, 2014 - 06:00

[HONG KONG] Zhong Jun Resources (S) Pte Ltd, the overseas arm of a Chinese firm linked to a suspected metal financing fraud at Qingdao port, has asked a court in Singapore to reject a liquidation order sought by HSBC Holdings, saying it has enough cash and assets to repay banks.The lawsuits

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