CBA Sells Bank of Hangzhou Stake
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Business & Economics
CBA closes stake sale in Bank of Hangzhou to NCI

82% Informative
Commonwealth Bank of Australia ( CBA ) has concluded the sale of its remaining shareholding in Bank of Hangzhou ( HZB ) to New China Life Insurance ( NCI ), a Beijing -based life insurer.
The transaction marks the completion of CBA ’s divestment from the Chinese bank.
VR Score
81
Informative language
78
Neutral language
84
Article tone
formal
Language
English
Language complexity
52
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
3
Source diversity
1
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