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Portugal’s president Anibal Cavaco Silva (L) and China’s premier Li Keqiang (2nd R) attend a meeting at the Great Hall of the People in Beijing |
Chinese buyers of Western banks and corporations are arriving in Europe in force – and many are disembarking first on Portuguese shores.
If regulators approve it, Haitong Securities, China’s second biggest broker, will soon be shaking up capital markets in Lisbon and beyond with the acquisition of BESI, previously the investment-banking arm of Portugal’s biggest listed bank, Banco Espírito Santo.
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