Deutsche Bank says sells China's Hua Xia Bank stake for $3.37 billion

SHANGHAI Deutsche Bank (DBKGn.DE) said on Friday it has sold its 20 percent stake in Chinese lender Hua Xia Bank (600015.SS) for a total sum of around 23.2 billion yuan ($3.37 billion) to PICC Property and Casualty Co (2328.HK). The consideration for the …
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