China's Insurance Giant Acquires Stake in Zhejiang Commercial Bank, Boosting Holdings to 5%
Again, another bank stock has been acquired by an insurance giant. On August 13th, China Life Insurance Co., Ltd. (民生保险) announced that it had increased its stake in Zhejiang Commercial Bank (浙商
Again, another bank stock has been acquired by an insurance giant. On August 13th, China Life Insurance Co., Ltd. (民生保险) announced that it had increased its stake in Zhejiang Commercial Bank (浙商银行) on August 11th.
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