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Taiwan's Fubon says welcomes Chinese investors

Sun May 31, 2009 11:37pm EDT

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TAIPEI, June 1 (Reuters) - Fubon Financial (2881.TW), Taiwan's No.5 financial holding firm, on Monday said it would welcome Chinese investors to take up to a 20 percent stake in the company, in signs of closer business ties with China.

The firm also aims to raise investments in Taiwan stocks and properties by T$80 billion ($2.4 billion) this year, Richard Tsai, vice chairman of Fubon, told reporters on the sidelines of a business event. (Reporting by Faith Hung; Editing by Jonathan Hopfner)



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