Chong Hing Bank raises capital for mainland push

Hong Kong-based Chong Hing Bank launches rights issue as its parent seeks to turn it into a major financial services provider in Guangdong province.
August 17, 2015

Hong Kong-listed lender Chong Hing Bank launched a HK$3.71 billion ($478 million) rights issue on Monday in a bid to finance expansion on the mainland and bolster its capital base.

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