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Caixin

What will China's Suning have to sell next?

Debt-strapped retailer scrambles to shore up finances as it misses market surge

"Suning is not safe yet."

So says an investor close to the troubled electronics retailer. A state-led bailout injected 14.8 billion yuan ($2.3 billion) into Sunning.com, making two Shenzhen government-owned investment entities the largest shareholders of the Shenzhen-listed company.

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