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Anbang Asset Sales Continue With Disposal of Stake in China Merchants Bank

2019年10月28日 20:32 来源于 财新网
Dajia Insurance Group, which took control of the scandal-plagued insurer, has sold $2.1 billion of Anbang’s stake in the commercial lender
A China Merchants Bank office in Beijing, Aug. 8, 2019. Photo: VCG

The state-owned company created to take over scandal-plagued Anbang Insurance Group Co. Ltd. has continued to dispose of the latter’s assets with the sale of 14.7 billion yuan ($2.1 billion) of its stake in a major Chinese bank.

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