Markets

ICBC, Bank of China may change fundraising schemes

Central Huijin to benefit from lenders' rights issues offering over issuing bonds and selling shares.

ICBC, Bank of China may change fundraising schemes

Central Huijin to benefit from lenders' rights issues offering over issuing bonds and selling shares.

China’s Agriculture Bank seeks $30bln IPO this week

AgBank to apply for dual listing in Hong Kong and Shanghai via world's largest-ever IPO.

Central Huijin plans raising funds via bond issue

Proceeds worth more than $12mln to be injected to China Eximbank and other state-run lenders.

India’s Union Bank postpones $350mln fund-raising move

Financial crisis in Greece prompts lender to put off lender’s bond sale. 

Guangdong Bank plans raising $2bln through share issue

Lender joins other China rivals’ share offerings by selling 3.4bln shares to restore capital before IPO.

China Construction Bank mulls raising funds

Source says lender’s board may place $6bln worth of shares and rights issue to meet target.

Bank of India starts offering dollar bonds

Move is part of lender's goal of raising $2bln to fund its international operations.

China banks urged to boost capital with profits

Regulator favors raising capital by rights offering while discouraging private placements and public share sales.

StanChart to seek Shanghai listing

Lender capitalises on Beijing's encouragement for foreign firms to offer shares after regulations become clear.

China Merchants sees growth from upcoming rate hike

Lender plans raising $3.2bln from rights issue to prepare for expected tougher competition.

HSBC earns US$1.4bln from initial Kangaroo bonds sale

Analysts believe improving lending conditions attracted Asia-Pacific investors as bank expands in the region.

China Merchants eyes raising $3.2bln via rights issue

Move aimed to replenish capital ratio after expansion of loans and acquisition of Wing Lung.

China Merchants eyes raising $3.22bln via rights issue

Rights issue with 1.3-for-10 ratio for Shanghai and Hong Kong aimed to bolster balance sheet.

United Bank of India targets $72mln from IPO

Lender eyes raising the amount by offering 50 million shares worth between $1.3 to $1.43 each.

Singapore's DBS weighs in on lesbian sex debate

What you do on your own time is, well, apparently the bank's business these days, with DBS Bank publicly rebuking an employee for being elected...

Cheang to replace Engel as HSBC regional director

Louisa Cheang, currently Head of Personal Financial Services Hong Kong, leads the list of HSBC’s senior executive appointments, which are still...

A guiding partner for SME development

Everyone acknowledges the SMEs important role in economic growth, social cohesion, employment and local development, accounting for over 95 percent of...