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Starbucks Corp sees China as its next major market after the United States as a taste for coffee and robust consumer spending fuel sales in the world's most populous nation, its China chairman said on Wednesday.
Shares in two of China's top four listed banks retreated in Hong Kong on Wednesday after possible capital-raising plans by lenders sparked fears of shareholder dilution.
China Pacific Insurance, China's third-largest life insurer, has received government approval for its long-delayed plan to float shares in Hong Kong to raise at least 23.3 billion yuan ($3.4 billion).
