US-Based Warburg Pincus Reportedly Scraps Plan To Invest $500M In Chinese Real Estate Brokerages Lianjia

The US private equity firm Warburg Pincus has reportedly dropped its plan to invest US$500 million in Chinese real estate brokerages Lianjia, according to Chinese media 36kr.com. Warburg has scrapped its plan due to concerns over Lianjia’s valuation being too high and cooling of Chinese tech financing environment. Warburg and Tencent did not respond to China […]

US-Based Warburg Pincus Reportedly Scraps Plan To Invest $500M In Chinese Real Estate Brokerages Lianjia appeared first on China Money Network.

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