Bank of America (BOA) is considering selling part of its US$8-billlion stake in China Construction Bank (CCB)<601939><0939>, one of the Big Four state-owned banks in China, to improve its financial status, the Financial Times reported on Wednesday.BOA, which is negotiating with U.S. government officials on...
China Construction Bank (CCB) )<601939><939>, one of the Big Four state-owned banks in China, has won approval from the China Banking Regulatory Commission to buy a 67% stake in Hefei Xingtai Trust Co Ltd, according to CCB's statement on Monday.According to the statement filed with the Shanghai Stock...
BEIJING, March 2 - China Construction Bank said on Monday that it had received regulatory approval to acquire a 67 percent stake in Hefei Xingtai Trust Co. for 3.4 billion yuan ($497 million). CCB, in...
HONG KONG, Jan 7 - China Construction Bank <0939.HK> dropped more than 5 percent in early trade on Wednesday on news that Bank of America <BAC.N> was selling a $2.83 billion stake in China's No.3...
Dec. 5, 2008 (China Knowledge) - Bank of America Corp has raised its stake in China Construction Bank Corp (CCB)<601939><939>, the country's top property lender, sources reported.CCB said in a statement that the largest lender...
Nov. 14, 2008 (China Knowledge) - Bank of America Corp, the second largest lender in the United States, may raise its stake in China Construction Bank (CCB)<601939><939>, one of the Big Four state-owned banks in...
SHANGHAI, Nov 14 - Bank of America is likely to raise its stake in China Construction Bank soon, paying about 2.46 yuan ($0.36) a share, or 1.2 times the Chinese lender's book value, Caijing magazine...
Beijing Capital Land Ltd<2868> on Nov. 20 announced that it plans to acquire the remaining 45% stake in a property project in Chaoyang District, Beijing from Singapore-based Reco Ziyang for RMB 369.5 million to become the sole owner of the project, which will complete construction at the end of this year, sources...
SEOUL, Nov 18 - The sale of a controlling stake in South Korea's Daewoo Engineering & Construction Co Ltd <047040.KS> drew three unidentified bidders by the Wednesday deadline, its parent group said, in a deal...
The Capital Group Companies Inc, one of the world's largest investment management organizations, recently raised its shareholding in China Railway Construction Corp Ltd<6001186><1186> to 6.1% from the previous 5.86%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>....