China’s Zhongtian Financial says to buy up to $4.7 billion stake in Huaxia Life

SHANGHAI (Reuters) – China’s Zhongtian Financial Group Co Ltd (000540.SZ) said it planned to buy up to 25 percent of Huaxia Life Insurance for as much as 31.0 billion yuan ($4.7 billion). Under framework agreements, Zhongtian Financial will purchase a …
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