China to Recapitalize Four Big Banks With $69 Billion
China’s finance ministry will inject $69 billion into four of the nation’s largest state banks via their share placements, ...
What happens if the USPS does go private? Here's what you need to know
What would the privatization of the United States Postal Service mean for customers? Here's what you need to know.
China beefs up its biggest banks to boost the economy
Four of China’s largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in ...
China’s 4 top state-owned banks to raise US$72 billion from stock sales to boost capital
The fundraising comes after the National People’s Congress vowed earlier this month to recapitalise major state banks.
CBN丨Key banks eye 520 billion yuan via placements as sector is challenged by limited profit growth
The banking sector is currently facing challenges of limited profit growth, primarily due to factors such as narrowed net ...
China’s Big State Banks to Get $71.6 Billion Capital Injection
Four of China’s largest banks are planning to raise up to $71.6 billion via share sales under a finance ministry-led plan ...
China bank shares rise after $72 billion recapitalisation plan
Shares in China's big state-owned banks rose on Monday after the lenders unveiled around a $72 billion recapitalisation plan ...
Nikkei Asia1d
China's big bank shares mixed after $72bn capital injection unveiled
HONG KONG -- Shares of China's top state banks were mixed on Monday after four of them announced plans the day before to ...
AFP on MSN5h
US lawmakers seek to rename street for Hong Kong's jailed Jimmy Lai
WASHINGTON: US lawmakers moved Tuesday (Apr 1) to rename the street next to Hong Kong's Washington office after Jimmy Lai, ...
The Business Times1d
China to recapitalise 4 big banks with 500b yuan
China’s Finance ministry will inject 500 billion yuan (S$92 billion) into four of the nation’s largest state banks via share ...
China’s top state banks to raise $71.6 bn in capital boost backed by Beijing
The recapitalisation effort, aimed at strengthening the banks’ core tier-1 capital, follows a pledge from Chinese ...
China.org.cn19h
Key banks eye 520b yuan via placements
China's major State-owned commercial banks plan to raise up to 520 billion yuan ($71.7 billion) via private placements from investors, including the finance ministry, a forward-looking move which ...