HONG KONG Feb 18 The chairman of Bank of East
Asia Ltd, the largest family-controlled bank in Hong
Kong, said on Tuesday he may consider selling the company if he
is offered three to four times book value.
Bank of East Asia trades at 1.15 times trailing 12-month
price to book, according to Thomson Reuters data.
Chairman David Li, speaking at a press conference after the
company reported a record profit for 2013, also said the rise in
non-performing loans in China was due to exposure to the
(Reporting By Saikat Chatterjee and Denny Thomas; Editing by