By Cong Mu Qin Xiao, chairman of China Merchants Bank (CMB), told a gathering of experts and entrepreneurs over the weekend in Beijing that exit from stimulus policies is inevitable in 2010, saying that it is only a matter of when and how. Qin, chairman of the sixth largest Chinese bank by asset...
By Guo Lu Investors from China and overseas have been reducing their holdings in China Merchants Bank (CMB) since August, according to Chinese media. The Chinese Business News, a Shanghai-based financial newspaper, reported yesterday that several unidentified State-owned shareholders are in the ...
China Merchants Bank (CMB)<600036><3968>, the country's sixth-largest commercial bank by assets, said its directorate has approved a proposal to issue financing bills, sources reported.CMB hopes to raise up to RMB 30 billion through the issuance, which will be carried out in several batches by the end of 2011....
China Merchants Bank Co Ltd (CMB)<600036><3968>, the nation's fifth-largest bank by market value, has recently signed long-term strategic cooperation agreement with the Civil Aviation Administration of China (CAAC) to grant a credit line of RMB 30 billion to domestic airlines over five years, sources reported....
U.S.-based financial holding company JPMorgan Chase & Co and Korea's Mirae Asset have both recently cut their shareholdings in China Merchants Bank(CMB)<600036><3968>, according to the bourse operator Hong Kong Exchanges and Clearing (HKEx)<388>.Information from HKEx showed that JPMorgan...
Dec. 1, 2008 (China Knowledge) - China Merchants Bank (CMB)<600036><3968>, the nation's fifth-largest bank by market value, plans to allocate 40% of its new loans to small and medium-sized enterprises (SMEs) in 2009, in a...
Nov. 24, 2008 (China Knowledge) - China Merchants Bank (CMB)<600036><3968>, the nation's fifth-largest bank by market value, announced that it has completed issuance of RMB 4.092 billion credit asset-backed securities (ABS) by the end of...
China Merchants Bank<600036><3968>, the nation's fifth-largest bank by market value, said that its shareholders has approved a plan to raise up to RMB 22 billion by offering up to 2.5 shares for every ten shares held, sources reported.The move is expected to help supplement the lender's working capital. As...
TOKYO, July 8 - Commercial mortgage-backed security issuance in Japan increased by 68 percent in the six months to June from the previous half-year, suggesting a recovery in the market which was severely hit by...
Mirae Asset Global Investments (Hong Kong) Ltd recently raised its shareholding in China Merchants Bank<600036><3968> to 5.11% from the previous 4.9%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>. HKEx said that Mirae Asset bought 7.21 million H shares of CMB on Jul....