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Sat, Jan 01, 2005 - Page 10　News List

Seven-percent limit has to go, FSC chairman says

TRADING The Financial Supervisory Commission head vowed to incorporate international trading practices by lifting the daily limit on fluctuations in share prices

By Joyce Huang  /  STAFF REPORTER

The commission has praised Fubon Financial Holding Co's (富邦金控) acquisition of Hong Kong-based International Bank of Asia (港基銀行) last year, presenting the deal as a good example for other Taiwanese lenders to develop into regional players.

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