Hang Seng Bank's stake in Industrial Bank diluted to 10.9 pct-HSBC

HONG KONG Tue Jan 8, 2013 8:11pm EST

Related Topics

HONG KONG Jan 9 (Reuters) - Hang Seng Bank's stake in Shanghai-listed Industrial Bank Co. has fallen to 10.9 percent from 12.8 percent as a result of the completion of a private share placement by the latter, Hang Seng Bank owner HSBC said on Wednesday. The share placement to undisclosed third parties was announced last year and completed on Monday.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.