You are here

Blackstone buys 40% stake in China mall giant SCP

US asset manager eyes Chinese retail potential with Shenzhen-based SCP

[HONG KONG] Blackstone Group LP, the world's biggest manager of alternative assets including private equity and real estate, agreed to buy a 40 per cent stake in Chinese shopping mall developer and operator SCP Co.ICBC International Holdings, a Hong Kong unit of China's largest bank, also agreed

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom