Taiwan's Cathay Fin could invest in Chinese banks -exec

TAIPEI | Thu Nov 26, 2009 2:20am EST

TAIPEI Nov 26 (Reuters) - Cathay Financial (2882.TW), Taiwan's top listed financial holding firm, could invest in or establish tie-ups with Chinese banks when regulations allow, an executive said on Thursday.

"We are considering all possibilities when we enter the Chinese market," president Chen Tsu-pei told Reuters on the sidelines of a company event. "Investing in a Chinese bank or forming a tie-up is among those we're thinking about."

(Reporting by Faith Hung; Editing by Jonathan Hopfner) ((faith.hung@thomsonreuters.com; +886 2 2508-0815; Reuters Messaging: faith.hung.reuters.com@reuters.net)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com))

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