An individual outbid 12 competitors, including Shanghai International Group and Jiangsu Sainty Corp (600287.SH), at the Shanghai United Assets and Equity Exchange (SUAEE) Wednesday for a 0.0127% stake in the Bank of Jiangsu, the Shanghai Securities News reported. The winning US$538,250 (RMB3.68 million) bid was for one million shares in the city-level commercial ...