Two China-owned financial institutions have agreed to merge through a share swap, creating an entity with $228.28 billion in assets, as Beijing pushes to strengthen its domestic financial market.
Wall Street Journal
Two China-owned financial institutions have agreed to merge through a share swap, creating an entity with $228.28 billion in assets, as Beijing pushes to strengthen its domestic financial market.
https://www.wsj.com/finance/china-owned-brokerages-plan-merger-to-create-228-billion-entity-8d1b4013