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AVIC Mulls Ring-fence of Securities & Trust Unit to Address Debt Woes: Wire
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Aviation Industry Corporation of China (AVIC) is considering a ring-fence of its securities and trust businesses to address debt woes, Bloomberg reported.

The group has initiated discussions with another state-owned enterprise, China Merchants Group, sources divulged.

Related NewsUBS Adds CHINA MER PORT (00144.HK) TP to $17.5, Keeps Rating at Buy

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