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Ping An Bank plans to set up asset management company

Xinhua Financein ​BEIJING
2018-06-08 10:31

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Ping An bank, a leading Chinese commercial bank, announced on late Wednesday that it planned to set up a wholly-owned asset management company, the Xinhua-run Shanghai Securities News reported.

According to the announcement, the asset management company will have a registered capital of up to 5 billion yuan.
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