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China Huarong Asset Management Co said on Monday that it will sell a 70% stake in its consumer finance unit for 1.1 billion yuan to Bank of Ningbo, as Huarong continues to divest assets as part. | December 27, 2021

Hong kongKirsten donovanCheng lengCitic group corpHong kong stock exchangeHuarong consumer financeHong kong stockRyan wooBank of ningbo coTd stock exchangePress releaseS 002142 cne1000005p7