ABC sets H-share IPO price at HK$3.2
2010-07-09 10:09:28
Agricultural Bank of China (ABC), the last of the country's largest four banks to go public, announced on Friday it has set its H-share initial public offering (IPO) price at HK$3.2 ($42 cents) per share, which was in the middle level of its IPO price range.
PBOC pumps 105b yuan into money market this week
2010-07-09 09:05:23
The People's Bank of China (PBOC), or the central bank, injected 105 billion yuan ($15.5 billion) into the money market this week through its regular open market operations to increase short-term liquidity.
SAFE says China faces pressure to curb abnormal capital inflow
2010-07-08 15:56:42
China's government faces pressure to curb "abnormal" amounts of capital from flowing into the country, the State Administration of Foreign Exchange said today in a statement.
ABC may raise $22b in record IPO
2010-07-08 14:17:12
Agricultural Bank of China(ABC), the last of China's big State owned banks to go public, is set to raise more than $22 billion from an initial public offering, defying global market weakness to stage the world's largest IPO.
ICBC Vice President Zhang Furong said to leave
2010-07-08 11:43:49
Zhang Furong, vice president of Industrial and Commercial Bank of China (ICBC), will leave the bank and serve at another State-owned bank, China Business News reported, citing a person with knowledge of the matter.
China Merchants Bank H1 net up over 50%
2010-07-08 11:20:20
China Merchants Bank, a mid-sized Chinese lender, said on Wednesday its net profit rose over 50 percent in the first half, based on domestic accounting standards.
ABC's IPO reflects changing banking paradigm
2010-07-08 11:18:50
Few key international financial companies appeared in the lineup of foreign investors for Agricultural Bank of China's (ABC) initial public offering, reflecting a subtle change in the relationship between Chinese banks and their Western peers. 
Investors get cold feet
Good response from institutions
ABC's float ripples to have little impact
Full Coverage
ABC confirms prices Shanghai IPO at top of range
2010-07-08 09:20:57
Agricultural Bank of China said on Wednesday it was pricing its Shanghai initial public offering at the top of an indicated range, confirming what sources told Reuters a day earlier. ABC to exercise greenshoe option for Shanghai shares
Foreign firms still gung ho on China
2010-07-08 09:09:40
Foreign companies operating in China and experts on Wednesday reiterated that the nation is still an attractive destination for investors. Full Coverage
China is new 'Axis of Power' for investment banks
2010-07-07 16:39:28
Global investment banking fee income more than doubled in the Chinese mainland and Hong Kong in the first half of the year, as the "axis of power" shifted from western Europe.
ICBC launches operations in Canada
2010-07-07 13:03:30
The Industrial and Commercial Bank of China (ICBC Bank Group) said Tuesday that it will begin retail and corporate banking operations under the banner The Industrial and Commercial Bank of China (Canada) in Canada.
CCB, AVIC start $2.95b aviation-industry fund
2010-07-07 11:40:25
China Construction Bank Corp (CCB) and China Aviation Industry Corp (AVIC) started a fund to boost the country's aviation industry, according to a statement posted on the lender's website today.