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Singapore's DBS raises stake in China's Shenzhen Rural Commercial Bank

Singapore's DBS raises stake in China's Shenzhen Rural Commercial Bank

Reuters27-01-2025

Jan 27 (Reuters) - DBS Group (DBSM.SI), opens new tab on Monday said it acquired an additional stake in Shenzhen Rural Commercial Bank for 1.60 billion yuan ($220.37 million), bringing its total stake in the Chinese lender to 19.40%.
($1 = 7.2605 Chinese yuan renminbi)

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