China's Anbang Insurance makes second attempt to sell Chengdu bank stake

China's Anbang Insurance makes second attempt to sell Chengdu bank stake

A man enters the office of Anbang Insurance Group in Beijing, China, February 23, 2018. REUTERS/Thomas Peter

China’s Anbang Insurance Group, which was taken over by the government last year, said it has put its 35% stake in Chengdu Rural Commercial Bank up for sale for 16.5 billion yuan ($2.4 billion), its second attempt to offload the lender.

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