China

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.

Approval enables company to raise $3.7bln and to join rivals in shoring up capital.

Lender looks forward to a Shanghai listing after completing one in India as it exploits country's growth.

Country’s cabinet gives nod to 4 biggest listed lenders to use securities market in replenishing capital.

Move eases Taiwan visitors in Shanghai to convert their New Taiwan dollars to Chinese yuan.

Central Huijin to benefit from lenders' rights issues offering over issuing bonds and selling shares.

Analysts say China's listed banks need to raise up to $44bln in 2010.

AgBank to apply for dual listing in Hong Kong and Shanghai via world's largest-ever IPO.

Lending splurge prompted the ICBC to ask investment banks' proposals to raise $12 billion.

Lender said higher net interest margin and expanded intermediary business boosted its net profit.

Loan expansion propelled by robust economic recovery raised bank’s net profit to $3.84bln.

Lender might follow its local peers in attempting to reduce capital ratios. 

Chinese megabank seeks to expand into Mekong River region using ACL as platform.

Proceeds worth more than $12mln to be injected to China Eximbank and other state-run lenders.

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.