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June 17, 1997updated 05 Sep 2016 12:27pm

CHINA MAY TARGET HK MEDIA FIRMS AND BANKS FOR ACQUISITION

By CBR Staff Writer

A bank or media company could be the next target for China-backed companies looking to acquire Hong Kong-based businesses, speculates the Dow Jones newswire, although the aviation, power and telecom industries are still the primary targets. Hong Kong is now into its final two weeks of British rule.

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