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https://i-invdn-com.akamaized.net/trkd-images/LYNXMPEGB707F_L.jpgThe process to boost its stake in the Goldman Sachs Gao Hua (GSGH) venture from 51% to 100% has also been initiated with the local regulators, according to an internal memo issued on Tuesday to staff of the Wall Street bank.
A spokesman for Goldman Sachs in Hong Kong confirmed the memo content.