Taiwan's Fubon says looking at merger targets in China

TAIPEI, March 20 Thu Mar 20, 2014 3:09am EDT

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TAIPEI, March 20 (Reuters) - Taiwan's Fubon Financial Holding Co Ltd is considering acquiring brokerages in China's Anhui Province and Kunshan City, the firm's president told investors Thursday.

Taiwan and China have enjoyed warming ties in the financial sector over the past few years, opening the door to companies like Fubon to expand into mainland China.

(Reporting by Emily Chan; Writing by Michael Gold)