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Shangai Pudong Development Bank

News stories featuring Shangai Pudong Development Bank and NFC:

China Mobile confirms purchase of stake in Shanghai Pudong Development Bank

March 10th, 2010

China Mobile has agreed to pay $5.8 billion for a 20% stake in Shanghai Pudong Development Bank (SPD Bank), making the mobile network operator the second largest shareholder in the bank. Shareholders in China Mobile... More

China Mobile to buy stake in Shanghai Pudong Development Bank?

February 26th, 2010

Bloomberg reports that China Mobile may be about to buy a 20% stake in Shanghai Pudong Development Bank at a cost of 40bn yuan (about $5.9bn). The move, if confirmed, would give China Mobile's new... More

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