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May 30, 2023
Hong Kong Billionaire Reduces Stake in Chinese Bank Amid China’s Banking Troubles
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Jessica Mao
Hong Kong tycoon Li Ka-shing’s foundation has recently reduced its stake in the Postal Savings Bank of China, cashing out HK$122 million (about $15.6 million). Market observers speculate that Li Ka Shing Foundation's sale of its shares on May 11 ...
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