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Troubled Hengfeng bank completed restructuring, aims to list in five years


China's Hengfeng Bank has completed a restructuring and aims to list in five years, part of government efforts to support indebted regional banks, said a senior bank official.

“The risk has been dissolved. Next, the bank will focus on improving corporate management and strengthening risk control... and will aim to list in five years,” said Chen Ying, chairman of the bank, according to official Xinhua report on Sunday.

The bank has received the 100 . . .

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