Report: 4 banks vie to acquire HKCB Bank

The sale of HKCB Bank by Lippo China Resources (0156) has entered the final phase. Four banks - China Agricultural Bank, Singapore Keeple Capital Holding, Fortis and Ka Wah Bank allegedly has allegedly vied to bid for the bank, South China Morning Post reported. However, the news did not give a big shot to the stock, which closed at HK$3.85 at midday, unchanged.

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