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Equities
Bank of Beijing raises $1.9 billion from domestic placement
The city commercial bank sells shares to nine investors at a 10% discount to the 20-day average, while Citic Heavy Industries outlines IPO plans.
By Lillian Liu | 29 March 2012
M&A
China Mobile invests $5.8 billion in Shanghai Pudong Development Bank
China Mobile aims to tap into the growing potential for mobile finance and mobile e-commerce through a 20% stake in Shanghai Pudong Development Bank.
By Sameera Anand | 12 March 2010
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