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China Merchants Bank completes purchasing acquisition of Wing Lung Bank

Posted on Oct-01-2008· by

China Merchants Bank announced on Tuesday that it had completed the 17 billion yuan (2.48 billion U.S. dollars) purchase for 53.12 percent of Wing Lung Bank’s equity.
Wing Lung Bank was incorporated in 1933, which has developed into the fourth largest bank in the special administrative region of China.

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