CTBC Group is in talks to buy up to a 40 % stake in parent company LH Financial Group 's banking business ; the deal will be a non - binding deal worth $ 450 m . It currently has 100 overseas branches, offices and subsidiaries, with Southeast Asia a major focus. This marks the latest expansion by CTBC in China and Southeast Asia as it continues to diversify its sources beyond its competitive domestic market .
CTBC Group is in talks to buy up to a 40 % stake in parent company LH Financial Group 's banking business ; the deal will be a non - binding deal worth $ 450 m . This marks the latest expansion by CTBC in China and Southeast Asia as it continues to diversify its sources beyond its competitive domestic market .