Wing Lung, China Merchants halted amid sale talk
HONG KONG, May 30 (Reuters) - Shares in Hong Kong's Wing Lung Bank 0096.HK and mainland-based China Merchants Bank (3968.HK) were suspended on Friday morning amid widespread reports that China Merchants was close to a deal to acquire Wing Lung.
A Wing Lung statement said its shares were suspended pending the release of possibly price-sensitive information. No other details were immediately available. (Reporting by Tony Munroe; Editing by Anne Marie Roantree)
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