Tuesday, January 8, 2013

CDB's 'wait and see' stance raises doubts over HSBC Ping An deal





A high-profile, US$9.4 billion bid by a Thai conglomerate to buy HSBC's stake in a leading mainland insurance company appears to be in danger as sources say that China Development Bank (CDB) is reconsidering its decision to back the deal.









via Business feed http://www.scmp.com/news/article/1122469/cdbs-wait-and-see-stance-raises-doubts-over-hsbc-ping-deal

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