China Merchants Bank Co., Ltd. To Raise Up To $5.4 Billion In Rights Issue-Reuters

Search by Type

Report Charts News

Search by Company

Code Company name

China Merchants Bank Co., Ltd. To Raise Up To $5.4 Billion In Rights Issue-Reuters - ResearchInChina

Date:2011-08-08wangxin Text Size:

Reuters reported that China Merchants Bank Co., Ltd. will raise up to CNY35 billion ($5.4 billion) in a Hong Kong and Shanghai rights issue to replenish its capital. The Company will issue up to 2.2 shares for every 10 existing shares, it said in a statement posted on the Hong Kong stock exchange.

Welcome to our website. This service is open to member only.

Registration

Contact our customer service team
Tel: 86-10-82600828, 82600893
Fax: 86-10-82601570
Email: report@researchinchina.com

RelatedReport

China Banking Intermediary Business Report, 20112011-10-18
China Banking Intermediary Business Report, 20112011-10-18
China Trust Industry Report, 2010-20112011-07-26
China Third-party Payment Industry Report, 2010-20132011-07-06
China Rural Commercial Bank Market Report, 2010-20112011-06-09
China City Commercial Bank Market Report, 2010-20112011-06-01
China Financial POS Machine Industry Report, 2010-20112011-05-27
China Guarantee Industry Report, 2010-20112011-05-10
China Automated Teller Machine (ATM) Industry Report, 20102011-04-26

RelatedNews

China Is Safe from Wave of Default: Ma2011-09-15
Merchants Bank's Rights Issue Plan Approved2011-09-08
China Merchants Bank Co., Ltd. To Raise Up To $5.4 Billion In Rights Issue-Reuters2011-08-08
First Financial Holding Co. Ltd.'s Subsidiary to Sign Cooperative Agreement with China Merchants Bank2011-08-08
China Merchants Bank Co., Ltd. Changes Chairman2011-08-08
China Merchants Bank Co., Ltd. to Set up Rural Banks2011-08-08
HK’s forex reserves reach $281b in Oct2011-11-08
Chinese banks set for capital injection2011-11-08
Bank Of China Named Systemically Important Financial Institution2011-11-07