China

AgBank mulls price range adjustment for Shanghai IPO

A narrower price range or $0.37-$0.39 per share for the Shanghai offering is likely amidst weaker demand among investors in the mainland.

AgBank mulls price range adjustment for Shanghai IPO

A narrower price range or $0.37-$0.39 per share for the Shanghai offering is likely amidst weaker demand among investors in the mainland.

China Construction secures shareholders’ nod

Lender targets $11bln from 630mln shares in Shanghai and 15.7bln shares in Hong Kong.

China's BoCom earns $2.5bln in rights issue

Lender still needs $2.34bln to achieve $4.84bln target for combined Shanghai and Hong Kong rights issue.

Huijin supports CCB's rights issue

Parent Huijin's announcement precedes CCB's shareholder meeting tacking to push through with the $11bln fundraising plan.

Standard Chartered strikes deal with China’s Agricultural Bank

MoU enabled lenders to work in wholesale and retail banking operations starting in Hong Kong.

China regulator cautions banks of loan risks

China Banking Regulatory Commission continues to tighten bank lending as liquidity problems remain as threats.

Regulator authorizes Agricultural Bank of China’s IPO

Move ends speculations on deferment of $30bln IPO due to lukewarm interest and concerns.

HSBC unveils new China headquarters

China network reaches 100 outlets with new Premier centre in Shanghai.

Bank of Shanghai strikes deal with China Mobile

Agreement will enable Bank of Shanghai to promote China Mobile's mobile payment services.

MasterCard collaborates with Bank of China for MoneySend

Tie-up brings product to China to make money transfer simpler and more efficient for their cardholders.

BoCom slashes rights issue plan by 20%

Downsizing to $4.8bln from $6.14bln may prompt AgBank to lower its $30bln target.

China regulator to study Agricultural Bank's IPO bid

Lender aims to replenish capital as banks could face losses if debts not repaid.

China Minsheng gains approval for subordinated bonds offering

The $849mln bonds issuance is expected to realise 12% capital adequacy.

Bank of China set to release convertible bond

Subscriptions for $5.9bln issue beginning on Wednesday is part of fundraising wave by Chinese banks.

BEA's China unit eyes issuing yuan bonds

China regulator’s approval would give BEA license to sell $732bln worth of bonds.

New building symbolises BEA's commitment to mainland

BEA China opened  its new Head Office Building in Lujiazui, Pudong New Area, Shanghai.

China government approves banks’ fund raisings

Lenders given go signal to raise multibillion dollars to fill up huge capital shortfall.