China

Lender's earnings report excludes its $130mln investment in UCBH Holdings that upset its proposed overseas expansion.

When the property market busts, which it will, Chinese banks will see non-performing loans zoom to 20%, forcing a Chinese TARP.

Country’s first cross-industry cooperation between financial and Internet organization aims to create a financial service platform.

Hang Seng Bank officially opened its sub-branch in Zhongshan, Guangdong province. The new sub-branch offers comprehensive banking services for both business and personal customers. A full suite of financial solutions are available for different types of companies, while personal customers can enjoy one-stop wealth management services in the comfortable environment of the spacious Prestige Banking centre.

Chinese and foreign firms constitutes group of underwriters that handles much-awaited $20mln plus stock offering.

Lender still was able to beat average $2.57bln forecast by Dow Jones.

ICBC led with $39.5bln loans as upward trend in lending is seen to continue this year.

Lenders asked to practice strict control on lending for construction raw materials to avoid loan overcapacity.

Expansion involves establishing rural banking in line with government’s aim of providing financial assistance outside cities.

Lender joins other China rivals’ share offerings by selling 3.4bln shares to restore capital before IPO.

Lender may acquire $29bln as it invited 20 bidders for China and Hong Kong IPO.

Proceeds from local private placement and Hong Kong rights offer to raise capital after credit boom.

US$1bln exposure to Dubai World prompted lender to strictly control its bonds and loan investments abroad.

Move to open ICBC Mumbai branch follows China’s nod for SBI Shanghai to lend in Renminbi.

BEA became the first locally-incorporated foreign bank to open a branch in Hebei Province with its Shijiazhuang branch.

Economists Zhou Qiren, Xia Bin and Li Daokui are expected to bring in hawkish view.