China Bank Shares Rise After $72 Billion Recapitalisation Plan
BEIJING (Reuters) -Shares in China's big state-owned banks rose on Monday after the lenders unveiled around a $72 billion ...
China to Recapitalize Four Big Banks With $69 Billion
China’s finance ministry will inject $69 billion into four of the nation’s largest state banks via their share placements, ...
CBN丨Key banks eye 520 billion yuan via placements as sector is challenged by limited profit growth
The banking sector is currently facing challenges of limited profit growth, primarily due to factors such as narrowed net ...
China beefs up its biggest banks to boost the economy
Four of China’s largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in ...
China’s 4 top state-owned banks to raise US$72 billion from stock sales to boost capital
The fundraising comes after the National People’s Congress vowed earlier this month to recapitalise major state banks.
DBS Sticks to Its Buy Rating for Postal Savings Bank of China Co., Ltd. Class H (1658)
DBS analyst Manyi Lu maintained a Buy rating on Postal Savings Bank of China Co., Ltd. Class H (1658 – Research Report) today and set a price ...
China.org.cn21h
Key banks eye 520b yuan via placements
China's major State-owned commercial banks plan to raise up to 520 billion yuan ($71.7 billion) via private placements from investors, including the finance ministry, a forward-looking move which ...
Nikkei Asia1d
China's big bank shares mixed after $72bn capital injection unveiled
HONG KONG -- Shares of China's top state banks were mixed on Monday after four of them announced plans the day before to ...
The Business Times1d
China to recapitalise 4 big banks with 500b yuan
China’s Finance ministry will inject 500 billion yuan (S$92 billion) into four of the nation’s largest state banks via share ...
China’s Big State Banks to Get $71.6 Billion Capital Injection
Four of China’s largest banks are planning to raise up to $71.6 billion via share sales under a finance ministry-led plan ...
TipRanks on MSN2d
Postal Savings Bank of China Schedules 2025 H Shareholders’ Meeting for A Share Issuance
Postal Savings Bank of China Co., Ltd. Class H ( ($HK:1658) ) has issued an update. Postal Savings Bank of China Co., Ltd. has announced the ...