China's Suning shares jump 10% after restructuring eases debt concerns

China's Suning shares jump 10% after restructuring eases debt concerns

Customers look at products in the hall of a Suning Appliance shop in Beijing December 8, 2011. REUTERS/Stringer/File Photo

Shares in China’s Suning.com jumped by a maximum of 10% on Tuesday after the loss-making online retailer announced a restructuring plan that will see a state-backed fund become a major shareholder, easing investors’ liquidity concerns.

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