(Yicai) March 31 -- Shares of four of China's six state-owned large banks advanced after they unveiled plans to raise a total ...
Four of China’s largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in ...
The share rise comes as the recapitalisation plans help the lenders to increase capital buffers and manage asset quality ...
HONG KONG -- Shares of China's top state banks were mixed on Monday after four of them announced plans the day before to raise a combined 520 billion yuan ($71.7 billion) by issuing new shares amid a ...
BEIJING, March 31 (Xinhua) -- China will issue 500 billion yuan (about 69.7 billion U.S. dollars) of special treasury bonds to support large state-owned commercial banks in replenishing their core ...
The China's manufacturing sector came in at 50.5 in March, up 0.3 percentage points from a month earlier, running in the ...
Four of China’s largest banks are planning to raise up to $71.6 billion via share sales under a finance ministry-led plan ...
China's four major state-owned commercial banks on Sunday announced plans to raise a combined 520 billion yuan (about 72.5 billion U.S. dollars) through the issuance of A-shares targeting specific ...
BEIJING (Reuters) -Four of China's largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ...
The fundraising comes after the National People’s Congress vowed earlier this month to recapitalise major state banks.