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China Merchants Bank
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Samsung Pay Hits China Ahead of Europe
Mar 30, 2016Samsung Pay has joined the ultra-competitive mobile payment market in China. Towards the end of 2015, Samsung revealed that it was bringing Samsung Pay to China in early 2016. This followed closely on the heels of a similar announcement ...
Tags: Samsung Pay, Apple pay
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China February Consumer Prices up 2.3%
Mar 10, 2016China's consumer prices increased 2.3 percent in February from one year earlier, up from January's 1.8 percent, official data showed Thursday. The inflation rate, the highest since July 2014, beat expectations as economists from the ...
Tags: Consumer Prices, inflation rate
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Peer-to-Peer Lending Is Facing Its First Serious Government Regulation
Mar 9, 2015Peer-to-peer lending, websites that allow individuals to borrow money from other individuals without going through banking middlemen, is facing its first serious government regulation as defaults undermine confidence in the online systems. ...
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Shandong Steel Plans to Issue Short-Term Bonds Worth RMB 3 Billion for a Term of 365 Days
Nov 3, 2014Chinese steelmaker Shandong Iron and Steel Group (Shandong Steel) has announced that on November 14 it plans to issue short-term bonds worth RMB 3 billion ($0.49 billion) for a term of 365 days, in its fifth short-term bond issue in the ...
Tags: steelmaker, Shandong Steel
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Yunnan Province-Based Chinese Steelmaker Kunming Iron & Steel Holding Co.
Oct 24, 2014On October 22, Kunming, Yunnan Province-based Chinese steelmaker Kunming Iron & Steel Holding Co. (Kunming Steel) announced that it will issue its first ultra short-term bonds for the current year on October 23, worth a total of RMB 500 ...
Tags: Kunming Steel
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The Bonds in Question Will Mature Within Five Years
Aug 12, 2014Jiangxi Province-based Chinese steelmaker Xinyu Iron and Steel Co. has announced that it plans to issue medium-term notes worth RMB 1.6 billion ($261 million) on July 18. This will be the company's first medium-term notes issue in the ...
Tags: Xinyu Steel, Medium-Term Notes, Metallurgy, Mineral
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Xinyu Iron and Steel to Issue Short-Term Bonds Worth RMB 1.5 Billion on November 15
Nov 14, 2013On November 12, Jiangxi province-based Chinese steelmaker Xinyu Iron and Steel Co. announced that it plans to issue short-term bonds worth RMB 1.5 billion ($245.9 million) on November 15. This will be the company's second short-term bond ...
Tags: Xinyu Steel
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China Merchants Bank - One of The 50 Largest Bank in The World
Sep 4, 2013Recently, the British banker magazine announced the 2013 results in the previous year's Tier 1 Capital sorting list of top 1000 global Banks. China merchants bank to the size of the tier 1 capital of $28.868 billion, into the global top 50 ...
Tags: chian bank, bank, economy, China Merchants Bank
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Chinese Financial Search Platform Rong360.COM Received USD 30 Million
Aug 16, 2013al Chinese financial search platform Rong360.com received USD 30 million in its second round of financing recently. Ye Daqing, CEO of it, said in an interview on August 2 that it had completed its second round of financing and the ...
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Tian Huiyu Was Formally Appointed by The Board Meeting
Jun 4, 2013Tian Huiyu, former head of the Beijing branch of China Construction Bank, was formally appointed by the board meeting held on May 31 to be president of China Merchants Bank (CMB), still pending for the regulatory approval. On the same ...
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Bank of East Asia Gained Go-Ahead From The Shenzhen Banking Regulatory Authority
May 24, 2013Bank of East Asia (China) Ltd. (BEA China) has gained go-ahead from the Shenzhen banking regulatory authority to build a sub-branch in the Qianhai Shenzhen-Hongkong Modern Service Industry Cooperation Zone. The sub-branch, with a ...
Tags: BEA China, Sub-branch
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Jiuli Special Material Has Announced That It Plans to Issue Its First Short-Term Bonds
Mar 5, 2013On March 4, Zhejiang province-based Jiuli Special Material Technology Co. has announced that it plans to issue its first short-term bonds in 2013 worth RMB 200 million ($32.2 million).The period of issuance of the short-term bonds is one ...
Tags: Special Material, Material, Short Term Bonds