China

China Minsheng gains approval for subordinated bonds offering

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

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.

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.