China's Citic, AIbank to lend Haidilao restaurants 2.1 billion yuan

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China's Citic, AIbank to lend Haidilao restaurants 2.1 billion yuan
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China's Citic Bank and AIBank will lend 2.1 billion yuan ($298.77 million) ...

FILE PHOTO: A Haidilao hotpot restaurant is closed for the safety concern following the outbreak of the new coronavirus in Beijing, China February 7, 2020. REUTERS/Jason Lee/File Photo

BEIJING - China’s Citic Bank and AIBank will lend 2.1 billion yuan to hotpot chain Haidilao International to help it manage the plunge in demand during the coronavirus outbreak, according to a statement on AIBank’s official WeChat account on Friday.

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