日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Economy

Markets

Industries

Insights

Reports

Events

HSBC aims to up stake in China's BoCom

(Agencies)
Updated: 2009-03-06 12:46

HSBC Holdings, Europe's biggest bank, will increase its stake in China's Bank of Communications should opportunities arise, a senior executive said on Friday.

The bank owns about 19 percent of China's fifth-biggest lender and under the current regulation a foreign bank could own not more than 20 percent of a Chinese bank.

"Our US business has contracted and there is room for us to seek opportunities in the Asia-Pacific region," HSBC Executive Director and Chairman for Asia-Pacific Vincent Cheng told reporters.

"We will increase our stake in BoCom if opportunities arise," Cheng said.