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Sat, Jan 14, 2006 - Page 10　News List

Chang appointed to First Financial chairmanship

RUMORS ABOUND The appointment sparked speculation that Michael Chang might have been handpicked to help implement the government's planned reforms

By Amber Chung  /  STAFF REPORTER

Shares of First Financial closed down 1.02 percent at NT$24.25 on the stock exchange yesterday.

SinoPac Securities set a target price of NT$26 for First Financial shares over the next three months. A merger would represent a bigger upside, boosting the target price to NT$30, the brokerage said.

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