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On 4 May 2020, HSBC introduced its acquisition of a 50% fairness interest in HSBC Life Insurance, held by the National Trust. Jia Yuan Law Offices says the corporate took three years to organize since its mixed ownership reform in 201 Technology large Tencent will control two-thirds of the new firm upon the merger, and will have more than 60% of the voting rights after the transaction. Share This Story OnShare This Story Onshare this story onlaw firm YueyangLaw Firm Yueyang
As a results of the merger, DouYu will turn into a wholly-owned subsidiary of Huya. HSBC Life Insurance was founded in 2009 by HSBC and National Trust, and every held 50% of the shares.
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