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China Minsheng Banking Corp. Prudent in Choosing Partners.
(From SinoCast China Business Daily News)
GUANGZHOU, August 26, SinoCast -- Hong Qi, vice president of China Minsheng Banking Corporation, recently revealed in Guangzhou that the joint-equity commercial bank has not set a timetable to introduce international strategic partners. In other words, it is difficult for the commercial bank to decide on the partners. However, this will not influence the listing of China Minsheng Banking Corporation in Hong Kong that is scheduled to take place in the first half of next year. China Minsheng Banking Corporation plans to raise a total capital of HKD 8 billion through the listing.
Earlier, a senior official of the bank …
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