Within the next couple of years, I think they will use their stock or cash to make a large overseas acquisition.
The company will use the cash raised to pay for overseas acquisitions, especially in asset management and private banking, he said.
This would be the largest overseas acquisition by a Chinese company.
There will also be fewer entertainment programmes and overseas acquisitions.
For one, it is giving fresh attention to overseas acquisitions.
This gives them capacity to borrow, if need be, to finance overseas acquisitions.
It was one of the largest overseas acquisitions by an Indian company at that time.
This was followed in later years with further overseas acquisitions.
It is the largest overseas acquisition by a Chinese automaker.
However, there was criticism of huge financial losses from overseas acquisitions that occurred under his leadership.