China
Bank of Shanghai plans selling $175.66mln shares
Proceeds from the domestic IPO aimed to help fill up capital deficit of $5.12bln.
Bank of Shanghai plans selling $175.66mln shares
Proceeds from the domestic IPO aimed to help fill up capital deficit of $5.12bln.
China Construction sees 17% green-credit business loans surge
Lender has made great strides to abide by government's green-credit policy with $27bln green-credit business loans.
2 China megabanks near bonds, shares offering launch
Country's securities regulator approved Bank of China bonds offering while it will review BoComm's proposal Friday.
China Construction may reschedule $11bln financing plan
Lender considers moving rights issue early next year behind uncertain market conditions.
Hang Seng puts up new mainland headquarters
Hang Seng Bank China has agreed to purchase about 7,000 square metres of office and retail space in Shanghai's financial district for a total consideration of US$74.6 million. The deal involved the naming and signage rights for the building.
ICBC stockholders okay convertible bond, share sales
Approval enables company to raise $3.7bln and to join rivals in shoring up capital.
StanChart eyes China as next target in listings
Lender looks forward to a Shanghai listing after completing one in India as it exploits country's growth.
China's top banks secure approval to raise $42bln
Country’s cabinet gives nod to 4 biggest listed lenders to use securities market in replenishing capital.
Shanghai banks to begin China-Taiwan currency exchange operations
Move eases Taiwan visitors in Shanghai to convert their New Taiwan dollars to Chinese yuan.
ICBC, Bank of China may change fundraising schemes
Central Huijin to benefit from lenders' rights issues offering over issuing bonds and selling shares.
Chinese commercial banks face lack of capital
Analysts say China's listed banks need to raise up to $44bln in 2010.
China’s Agriculture Bank seeks $30bln IPO this week
AgBank to apply for dual listing in Hong Kong and Shanghai via world's largest-ever IPO.
ICBC requests lenders to propose for share issue
Lending splurge prompted the ICBC to ask investment banks' proposals to raise $12 billion.
China Merchants Q1 profit up 40% at $864mln
Lender said higher net interest margin and expanded intermediary business boosted its net profit.
Bank of China Q1 2010 profit up 41%
Loan expansion propelled by robust economic recovery raised bank’s net profit to $3.84bln.
China Construction Bank likely to hold rights issue
Lender might follow its local peers in attempting to reduce capital ratios.
ICBC acquires Thailand's ACL Bank for $550mln
Chinese megabank seeks to expand into Mekong River region using ACL as platform.