Chinese billionaire grabs 5% Minsheng Bank stake

Chinese billionaire grabs 5% Minsheng Bank stake

Photo: Reuters

Chinese billionaire Shi Yuzhu has boosted his stake in China Minsheng Banking Corp. to almost 5 percent ahead of a looming revamp of the privately owned lender’s board.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter