- Minsheng gains IPO approval
- China Minsheng Banking Corp Wednesday said it gained approval from the Chinese mainland's securities regulator for an initial public offering in Hong Kong that could raise up to US$4.02 billion according to one analyst.
- Minsheng net better than peers
- China Minsheng Banking Corp, the nation's first listed non-State lender, showed a significant rise in net profit in the first half, benefiting from higher lending growth and a one-time gain from the sale of its equity investment in a brokerage firm.
- China Minsheng Banking Corp aims to double credit cards
- China Minsheng Banking Corp plans to almost double its credit card circulation in three years, sources said.
- Minsheng Bank readies for Hong Kong float
- The robust capital flow to the Hong Kong capital market, has offered an attractive funding option to mainland enterprises, particularly banks, at a time when the ban on new share issues on the mainland is yet to be lifted.
- Temasek likely to sell stake in Minsheng
- Temasek Holdings, the sovereign fund of Singapore, is likely to sell its 2.5% stake in China Minsheng Banking Corp Ltd, local media reported.