Markets
BEA to use RMB bonds proceeds for expansion
BEA to use RMB bonds proceeds for expansion
Lender not keen on divesting 20% stake of Canadian subsidiary as it profit soared 78%.
China Everbright debut day of IPO beats forecasts
Investors' optimism on smaller Chinese banks gave lender share price gain that surpassed AgBank's.
China Everbright tags IPO at $US0.46 per share
Lender’s IPO success may encourage rival banks to follow suit.
China's Central Huijin plans to issue bonds
Fund to sell $7.97bln bonds in its effort to maintain controlling stakes in major domestic banks.
Hong Leong Bank concludes sub debt issuance
Sub debt, whose proceeds to be used for lender's working capital, was 8 times oversubscribed.
China Everbright receives approval for $3bln Shanghai IPO
Everbright Bank may face big capital shortfall in the next three years without the IPO.
Bank Of Communications culminates Hong Kong rights issue
BoComm was able to raise $2.29bln from the H-shares offering.
Bank of the Philippine Islands eyes $215mln rights issue
The move is to maintain the bank's above minimum capital ratio and to cope with 15% loan portfolio expansion.
AgBank IPO draws China funds and HK banks
Lender intends to raise record setting $23bln before listing in mid-July.
AgBank mulls price range adjustment for Shanghai IPO
A narrower price range or $0.37-$0.39 per share for the Shanghai offering is likely amidst weaker demand among investors in the mainland.
China Construction secures shareholders’ nod
Lender targets $11bln from 630mln shares in Shanghai and 15.7bln shares in Hong Kong.
Huijin supports CCB's rights issue
Parent Huijin's announcement precedes CCB's shareholder meeting tacking to push through with the $11bln fundraising plan.
Agricultural Bank to receive Qatar and Kuwait investments
Middle East countries pledge $3.6bln investment in AgBank while Qatar Holding expands portfolio in China.
China’s Agriculture Bank IPO targets $28bln
Lender kicked off the pre-marketing process for the $10bln-$15bln from Hong Kong and $8.9bln-$13bln Shanghai IPO.
Regulator authorizes Agricultural Bank of China’s IPO
Move ends speculations on deferment of $30bln IPO due to lukewarm interest and concerns.
BoCom slashes rights issue plan by 20%
Downsizing to $4.8bln from $6.14bln may prompt AgBank to lower its $30bln target.
China regulator to study Agricultural Bank's IPO bid
Lender aims to replenish capital as banks could face losses if debts not repaid.
Commentary
The future of Asian banking isn’t ‘AI-first’ – it’s ‘fearless-first’