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Everbright Bank
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China to Revoke Banks' Private Fund Management Qualifications
Dec 24, 2015China's banking regulator is reportedly to revoke the fund management qualifications of 17 domestic banks. It's understood the regulator has issued informal guidance to banks, warning them that their registrations will be removed. The ...
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S.Korea Approves China Everbright Bank's Operation in Seoul
Dec 17, 2015South Korea's financial regulator on Wednesday approved the banking operations of China Everbright Bank, a unit of the state-owned Everbright Group. The Financial Services Commission (FSC) said in a statement that it gave a nod to ...
Tags: Everbright Bank, foreign banks
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HK Losing Its Appeal as an IPO Market
Dec 17, 2014Hong Kong was suggested to enrich its IPO platform to attract capital from more good quality companies from overseas, a local financial advisory body said on Wednesday. Hong Kong is likely to end this year as the world's second-largest ...
Tags: IPO Market, IPO platform
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Panzhihua Has Announced That It Plans to Issue Short-Term Bonds Worth RMB 3 Billion
Mar 4, 2014Sichuan Province-based Chinese steelmaker Panzhihua Iron and Steel Co. (Pangang Group) has announced that it plans to issue short-term bonds worth a total of RMB 3 billion ($483.9 million) on March 4. This will be the company's first ...
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Everbright Bank Was Agreed to Issue Not More Than CNY 16.2 Billion Tier 2 Bonds
Sep 25, 2013Everbright Bank (SHSE: 601818) was agreed by China Banking Regulatory Commission to issue not more than CNY 16.2 billion tier 2 bonds, which still needs to be approved by China's central bank.
Tags: Everbright Bank, economy
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Chinese Banks Fuel Expansion Overseas in Succession Due to a Profit Slowdown
May 10, 2013Chinese banks fuel expansion overseas in succession due to a profit slowdown rooted from the domestic economic downturn. For an example, Bank of Communications (BoCom, SEHK: 3328 and SHSE: 601328), the fifth-biggest commercial lender ...
Tags: economy, China Banks, Fueling Expansion