SEOUL, July 24 (Reuters) - South Korea's Hana Financial Group (086790.KS: ), the country's No.4 banking group, said on Thursday its banking unit would invest 329.6 billion won ($327 million) to take a 19.7 percent stake in the Bank of Jilin in China. The deal will allow Hana to become the single largest shareholder of the Chinese bank. Hana said it would participate in a rights offering by the Chinese bank as a strategic investor and purchase 1.2 billion shares at 1.8 yuan ($0.26) apiece. Bank of Jilin, based in the northern Chinese province of Jilin bordering North Korea, has total assets of more than 60 billion yuan and operates 215 outlets, mostly in Jilin. "Jilin province has the largest South Korean community in China and we plan to use this investment as a springboard for further expansion into North Korea when trade...
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