bank of east asia

Foreign banks crave bigger slice of China JVs

Hopes are rising that regulators will at last sate global players' appetites for stakes of more than 50% in their Chinese securities joint ventures. Golden opportunities await.
June 18, 2017

Japan’s SMBC goes after China market

Megabank targets Chinese clients by upping its stake in Bank of East Asia. The deal looks reasonably priced at about ¥100 billion or about 1.2 times book.
September 07, 2014

Hong Kong banks attract suitors

Wing Hang Bank is the second of four family controlled lenders to attract a takeover approach. M&A bankers and analysts calculate the likelihood of talk turning into deals.
September 17, 2013

SCMP bemused by share spike

Publisher of the Hong Kong daily newspaper at a loss to explain surging stock price, despite admission of acquisition talks.
February 19, 2013

BEA and ICBC Asia price subordinated bonds

Bank of East Asia prints a $500 million bond after releasing "final guidance" twice, while ICBC Asia prices a Rmb1.5 billion bond in the first dim sum sub-debt issue.
October 30, 2011

ICBC's US ambitions

Given the timing of Industrial and Commercial Bank of China's offer to buy 80% of Bank of East Asia's US unit for $140 million, it should win regulatory approval.
January 24, 2011