Shen Si Quotations

It's too early to say what impact this would have on the operations of the bank. We received notice that six shareholders have signed agreements to sell stakes to Shanghai International Group, but there are no details of the size of the stakes they plan to sell and the value.

It's too early to say what impact this will have on the operations of the bank. We received notice that six shareholders have signed agreements to sell stakes to Shanghai International Group, but there are no details of the size of the stakes they plan to sell and the value.

So far, we have just been notified by our shareholders about such an internal deal, which is still pending on our board's permission.

Since Shanghai International plans to take the stakes from other shareholders in an internal deal instead of from the public market, the price will be based on their own negotiations.