HSBC to buy out life insurance joint venture partner in China
HSBC Holdings PLC said
on Monday its insurance unit had agreed to acquire its China
life insurance venture partner’s 50% stake to own fully the
company under the new rules on foreign ownership that came into
effect in January.
on Monday its insurance unit had agreed to acquire its China
life insurance venture partner’s 50% stake to own fully the
company under the new rules on foreign ownership that came into
effect in January.
Posted by Reuters
