免费日韩片_欧美成人精品一区二区男人小说_国产乱码一区二区三区四区_国产精品国产三级国产aⅴ入口_成人看的污污超级黄网站免费_欧美一级在线免费观看_成人午夜免费无码福利片_国产乱人伦偷精品视频色欲_aaa少妇高潮大片免费看_国产精品1234_亚洲精品国产suv一区88_中文字字幕在线中文无码_精品亚洲区_午夜九九九_国产av国片精品jk制服丝袜_色综合亚洲_亚洲成av人片无码bt种子下载_欧美色就色_精品少妇的一区二区三区四区_男人用嘴添女人下身免费视频

Minsheng approved to sell US$701m in bonds
(Agencies)
Updated: 2004-10-17 08:53

The China Securities Regulatory Commission approved the bonds sale through private placement, the Beijing-based bank, China's second most valuable listed lender, said in a statement.

The sale still needs the go-ahead from the central bank, it added.

Minsheng, founded in 1996 as the country's first private lender, is planning an overseas initial public offering to raise about US$1 billion early next year.

Singapore's state investment fund Temasek Holdings Pte Ltd. is in talks to buy a stake in Minsheng Bank, Chinese officials said on Thursday.

Beijing is pushing its banks -- laden with more than US$200 billion in sour loans -- to spruce up their balance sheets and enhance competitiveness before the country opens up the industry to foreign players by 2007.

Other banks, including Construction Bank, the country's top property lender, and the Bank of China, the nation's largest foreign exchange player, issued subordinated bonds earlier this year to recapitalise.

Subordinated debt ranks above equity when paying off creditors if an issuer is wound up.

Close