The Association of Shanghai Entrepreneurs has 10 billion euros to invest in Portugal. The financial sector is one of the targets of this group, including banking.
“The New Bank will be bought by a Chinese investor,” assured the president of the association, Zheng Yonggang, a meeting in Lisbon this Tuesday, May 10.
One of the members of this association is Guo Guangchang, chairman and main shareholder Fosun, owner of the insurer Fidelity and who bought the ES Health.
“the business is ongoing and the president of Fosun is also involved in the negotiation,” he said Zheng Yonggang .
the possible purchase of the New Bank, among other investments, will be addressed at the meeting that the association will have tomorrow with the Prime Minister, António Costa.
in addition to banking, the association also wants to invest in other areas, such as real estate, antiques, tourism, technology and sport.
the government this month launched the second attempted sale of the New Bank. The sale of the institution on the stock exchange or strategic investor are the main scenarios.
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