Rabobank NV, the Dutch banking group, has pared back its plans to acquire 24.9% of Hangzhou Cooperative Bank of China in partnership with the World Bank's International Finance Corp, and... Read more
Ping An Insurance last week submitted a bid for a stake of more than 60% in Shenzhen Commercial Bank, the mainland's oldest and largest city commercial bank, the South China Morning Post... Read more
China's central bank has rejected an Ernst & Young research report that nonperforming loans (NPLs) in the country's banking system could be as high as US$900 billion, more than... Read more
The institutional tranche of Bank of China's massive initial public offering was covered within hours of its opening on Thursday, with orders reaching at least US$9.37 billion, the South... Read more
The strength of initial public offerings by Chinese companies in Hong Kong has driven Greater China's average IPO levels past those of the US and Europe, according to PricewaterhouseCoop... Read more
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