Shenyang Shengjing Financial Holding, a state-backed investment group, has increased its privatisation offer for Shengjing Bank to HK$1.60 per share. The company initially offered HK$1.32, as detailed in a Hong Kong exchange filing. The revised offer for Shengjing Bank's Hong Kong-listed shares comes after Shenyang Shengjing Financial previous bid valued the regional lender at HK$11.61bn ($1.49bn), reported Reuters. Shenyang Shengjing, which is under the majority ownership of the Shenyang Municipal Gove ...