China’s CICC in merger talks with rival
China’s CICC in merger talks with rival
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China International Capital Corp, one of Chinaâs most prominent investment banks, is in merger talks with rival China Investment Securities as CICC seeks to expand its retail footprint and pave the way for a possible mainland debut.
A merger would also mark the latest tie up between state-owned enterprises. Chinaâs Communist party has signalled that large-scale mergers are…
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