Global EditionASIA 中文雙語Fran?ais
    Business
    Home / Business / Finance

    China Bohai Bank makes IPO in HK

    By Jiang Xueqing | chinadaily.com.cn | Updated: 2020-06-30 17:13
    Share
    Share - WeChat
    China Bohai Bank's logo. [Photo/cbhb.com.cn]

    China Bohai Bank Co Ltd launched an initial public offering in Hong Kong on Tuesday. The Tianjin-based national joint-stock commercial lender will seek a listing on the Hong Kong Stock Exchange on July 16.

    The bank said it will offer 2.88 billion H shares in the global offering, and the offer price is currently expected to be no less than HK$4.75 per offer share. As a result, the money raised is expected to be at least HK$13.68 billion ($1.77 billion).

    As of the latest practicable date, TEDA Investment Holding Co Ltd held a 25 percent stake in China Bohai Bank, while Standard Chartered Bank (Hong Kong) Limited and China Shipping Investment Co Ltd held 19.99 and 13.67 percent of its total issued shares, respectively.

    Alan Fung, vice-chairman of China Bohai Bank from Standard Chartered Bank (Hong Kong) Ltd, said in 2018: "Introducing a vertical and independent risk management model to China Bohai Bank and helping it to build a credit risk management framework at their inception is Standard Chartered's most important contribution to the bank."

    As of March 31, total assets of the bank amounted to 1.21 trillion yuan ($170.7 billion), up 8 percent from the end of last year, primarily driven by a 9.1 percent growth in its gross loans and advances to customers during the same period.

    In the first three months of this year, its operating income increased by 27.7 percent year-on-year to 8.19 billion yuan, primarily due to a 38.7 percent increase in its net interest income during the same period, according to the bank.

    Its nonperforming loan ratio remained stable at 1.78 percent by the end of March, the same as recorded at the end of December 2019.

    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    CLOSE
     
    天堂新版8中文在线8| 精品人妻系列无码人妻免费视频| 国产成人AV一区二区三区无码| 最近中文字幕免费mv在线视频 | 中文字幕一区二区精品区| 国产AV无码专区亚洲A∨毛片| 欧美日韩毛片熟妇有码无码| 中文字幕亚洲情99在线| 人妻少妇偷人精品无码| 曰韩精品无码一区二区三区| 日本中文字幕免费看| 无码专区中文字幕无码| 人妻丰满熟妇A v无码区不卡| 无码一区二区三区免费| 国产丰满乱子伦无码专区| 日韩人妻无码精品无码中文字幕| 亚洲中文字幕久久精品无码APP | 中文字幕人妻无码一夲道 | 精品无码无人网站免费视频| 亚洲国产a∨无码中文777| 日本中文一区二区三区亚洲| 无码中文字幕日韩专区| 7777久久亚洲中文字幕| 中文字幕专区高清在线观看| 日无码在线观看| 内射无码专区久久亚洲| 人妻一区二区三区无码精品一区| 国产精品免费无遮挡无码永久视频 | 中文成人久久久久影院免费观看| 日韩乱码人妻无码中文字幕视频 | 欧美中文在线视频| 久久超乳爆乳中文字幕| 中文字幕色婷婷在线视频| 中文字幕在线精品视频入口一区| 亚洲午夜无码片在线观看影院猛| 精品一区二区无码AV| 亚洲人成国产精品无码| 忘忧草在线社区WWW中国中文 | 熟妇人妻中文字幕无码老熟妇| 中文字幕人妻中文AV不卡专区| 国产在线精品一区二区中文|