HSBC agrees to 19.9 percent stake in China's Bank of Communications free review SHANGHAI : HSBC has agreed to buy a 19.9 percent stake in Bank of Communications, China's fifth largest bank, in a deal that would put the global banking giant firmly ahead of its rivals in the booming Chinese market, officials said. bank communications bank china communications china HSBC confirms plans to buy stake in Chinese bank (http://www.newratings.com/analyst_news/article_451914.html , New Ratings) Awaiting govt move on UTI Bank deal: HSBC (http://www.business-standard.com/bsonline/storypage.php?bKeyFlag=BO&autono=3186 , Business Standard)

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	HSBC agrees to 19.9 percent stake in China's Bank of Communications
	SHANGHAI : HSBC has agreed to buy a 19.9 percent stake in Bank of Communications, China's fifth largest bank, in a deal that would put the global banking giant firmly ahead of its rivals in the booming Chinese market, officials said.

Updated	Aug 3, 2004 16:07:02
Rating	71 ( -10 -14.08% )
Author	Channel News Asia

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HSBC confirms plans to buy stake in Chinese bank (http://www.newratings.com/analyst_news/article_451914.html — New Ratings)
Awaiting govt move on UTI Bank deal: HSBC (http://www.business-standard.com/bsonline/storypage.php?bKeyFlag=BO&autono=3186 — Business Standard)

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	HSBC stake in China bank to be announced 'soon' - HONG KONG (Reuters) - HSBC's purchase of a stake in China's Bank of Communications could be announced as early as next week, the South China Morning Post has reported. China bank selling stake to HSBC - HSBC Holdings said Monday that it had reached agreement to buy a stake in Bank of Communications, the biggest acquisition of a Chinese bank by an overseas lender. HSBC pays 1.75 billion for stake in China bank - HONG KONG HSBC Holdings, Europe's largest bank by market value, said Friday that it would acquire a 19.9 percent stake in China's Bank of Communications, its third acquisition in the country and the biggest by an overseas lender.
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Home > News > HSBC agrees to 19.9 percent stake in China's Bank of Communications

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HSBC agrees to 19.9 percent stake in China's Bank of Communications

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