February 23, 2018 / 12:33 PM / 10 months ago

BRIEF-Anbang Insurance Has No Immediate Plans To Sell Shares In China Merchants Bank

Feb 23 (Reuters) - China Merchants Bank Co Ltd :

* SAYS IT RECEIVES NOTICE FROM ANBANG INSURANCE SAYING THAT THE INSURER AND ITS UNITS' OPERATIONS ARE STABLE AND HAVE ABUNDANT CASH, SO THERE ARE NO IMMEDIATE PLANS TO CUT STAKE IN THE COMPANY Source text in Chinese: bit.ly/2EOeBrE Further company coverage: (Reporting by Hong Kong newsroom)

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