China
Shimao Property hires HSBC and StanChart for $400M loan
Shimao Property hires HSBC and StanChart for $400M loan
Two people familiar with the matter said Shimao Property, a Chinese developer controlled by billionaire Xu Rungmao, hired the two banks for a three-year loan.
China Construction and Banco Santander JV talks ongoing
CCB would provide 60 percent for the venture while Banco Santander will fill in the rest.
China Exim Bank to receive Central Huijin funding
Central Huijin plans to inject $7.32bln to the lender and China Export & Credit Insurance Corp.
Bank of Communications to receive capital from government
A source said the threat of seizing control over lender prompted China’s Ministry of Finance move.
DBS gears up China expansion
Bank highlights China market as it plans adding 12 branches here within next 5 years.
Fitch cautions Chinese banks of huge ‘bubble risk’
The agency issued warning after it downgraded China Merchants and China CITIC over bad debt.
Hang Seng unveils Foshan sub-branch
Hang Seng China opened its first cross-city sub-branch in the Nanhai District, Foshan City.
China bank stocks collapse to pre-crisis levels as fears mount
China's tightening efforts in lending are causing stock market panic, bringing down bank valuations close to recession levels.
Major China banks begin tightening credit
Regulators' pressure prompts BOC and CCB to put up measures to curb lending.
China banking crisis as trade finance lines pulled
With banks in China confirmed to have suspended new lending since 19 January, import orders for commodities and machineries are seen to be affected the most.
Bank of China tightens loan issuance
BOC attempted to curb skyrocketing loan growth in line with regulator's pressure on banks.
Agricultural Bank of China posts record lending
The $22 billion worth of loans to farmers spur bank to beef up operations in cities.
Bank of China forms agreement with MoneyGram International
Deal will skyrocket MoneyGram's China presence as its services will be available in lender's 10,000 branches.
StanChart China approved to be bond market maker
Regulator OKs lender's interbank bond market operations as China aspires developing its financial markets.
BEA China opens in Zhongshan
The Bank of East Asia became the first mainland-incorporated foreign bank to open a “cross-location” sub-branch in Zhongshan, Guangdong Province.
China Construction Bank and Santander eye tie-up
The joint venture intends to install 100 village banks in China with $439 million initial capital.
Bank of China plans raising $3bln thru refinancing
Sources report bank's scheme to replenish capital likely to receive approval from regulator.
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