Daiwa's Wu on OCBC's Bid for Wing Hang Bank

Daiwa's Wu on OCBC's Bid for Wing Hang Bank Play

Jan. 8 (Bloomberg) -- Grace Wu, a Hong Kong-based analyst at Daiwa Capital Markets Hong Kong Ltd., talks about a possible takeover by Oversea-Chinese Banking Corp. of Hong Kong's Wing Hang Bank Ltd., and the business environment for banks in the city. OCBC, Southeast Asia’s second-biggest lender, said Jan. 6 it was in exclusive talks through the end of the month with Wing Hang’s biggest shareholders to buy the bank. Wu speaks with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)

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