HKCB next acquisition opportunity

Banking sector consolidation picks up pace with HKCB tipped the next likely target.

StockHouse LogoFirst Pacific Co [142] looks set to conclude the disposal of its stake in FPB Bank [717] any day. This would follow ICBC's takeover of Union Bank in April of this year. Analysts predict that the consolidation of the local banking industry will continue and tip HKCB Bank [655] as the next likely target.

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