BOC Hong Kong to Sell 70.49% Stake in Chiyu Bank for HK$7.69 Billion

BOC Hong Kong (Holdings) Ltd. (>> BOC Hong Kong (Holdings) Ltd) has agreed to sell its stake in a small lender in Hong Kong for 7.69 billion Hong Kong dollars ($991.2 million), as it seeks to focus on its core businesses. The Hong Kong-listed unit of state …
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