Tag: china merchants bank

Equities

Another three companies launch Hong Kong IPOs

China Polymetallic Mining aims to raise up to $163 million, while confectionary maker China Lifestyle eyes $96 million and BMW dealer Baoxin Auto targets as much as $527 million.

By Aiko Hayashi | 29 November 2011

Equities

China CNR plans $1.1 billion rights issue

The railway-carriage maker will offer up to three rights shares for every 10 existing A-shares.

By Lillian Liu | 11 October 2011

Cash

Mandates and payments roundup, June 21

China Merchants Bank to offer new social credit card, while Bank Mandiri orders 40,000 new payment terminals.

By Jonathan Wong | 21 June 2011

Equities

China Merchants Bank sets rights issue price

The country’s fifth-largest lender offers its shares at an average discount of 44.4% to the theoretical ex-rights price of its A- and H-shares.

By Lillian Liu | 3 March 2010

Corporate

Tech spending at Chinese banks continues to increase

Chinese bank spending on technology will reach $11.3 billion by 2011, says Celent.

By Edward Russell | 4 January 2010

Trade

Deutsche GTB head sees growth in trade and FX businesses

Growth will come in cross-border payments and supply chain financing, says Werner Steinmueller, Deutsche Bank's head of global transaction banking.

By Edward Russell | 14 September 2009

Equities

China Merchants Bank proposes $2.6 billion rights issue

The bank intends to raise money in order to improve its core capital adequacy.

By Daniel Inman | 18 August 2009

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