Morgan to offload China International stake
The New York-based firm holds a 34.4% stake in the Chinese investment bank, but plays a limited role in the entity.
Morgan Stanley is planning to sell its entire stake in China International Capital Corp., according to the China Daily.
Currently, the New York-based firm holds a 34.4% stake in the Chinese investment bank, but plays a limited role in the entity.
Morgan Stanley is in talks with private equity fir
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