UPDATE 2-Ping An to combine bank unit with Shenzhen Dev Bank - Reuters

SHANGHAI, June 30 (Reuters) - China's Ping An Insurance ( 601318.SS ) plans to combine its banking unit with mid-sized lender Shenzhen Development Bank (SDB) ( 000001.SZ ) as part of an aggressive plan to grow its banking business. Ping An ( 2318.HK ) recently obtained regulatory approval to buy up ...

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