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Embattled Bank of Jinzhou in talks for strategic investment


China’s Bank of Jinzhou said it’s in talks for possible strategic investment and it’s operating normally amid speculation the lender will be the next to watch after regulator’s surprising takeover of Baoshang Bank.

“Currently, Bank of Jinzhou’s business operations are normal overall,” the bank said in a Thursday statement. “Recently, the bank’s board of directors and some major shareholders have been in talks with several institutions that wish to and have the ability to . . .

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