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Zhuhai Huafa Selling Marriott-Branded Hotel to Bolster Liquidity

Zhuhai Huafa Group Co., a local government-owned conglomerate, told some creditors this week that it is selling a Marriott-branded hotel to Zhuhai Gree Group Co., according to people familiar with the matter, as it seeks to boost liquidity.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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