News: China Construction Bank Corp (601939.SS)

601939.SS on Shanghai Stock Exchange

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Wed, Apr 22 2015

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Exclusive: UBS, BNP among bidders for China's Postal Savings Bank's pre-IPO stake - sources

HONG KONG - UBS , Singapore's Temasek Holdings [TEM.UL] and French bank BNP Paribas are among half a dozen preliminary bidders to buy up to a 10 percent stake in state-owned Postal Savings Bank of China (PSBC) for at least $3 billion, people familiar with the matter told Reuters on Wednesday.

UPDATE 1-CCB mandates banks for Tier 2 bonds

HONG KONG, April 17 (IFR) - China Construction Bank has mandated itself, Citigroup, HSBC and Standard Chartered as joint global co-ordinators for an offering of US dollar Tier 2 bonds.

CCB mandates banks for Tier 2 bonds

HONG KONG, April 15 (IFR) - China Construction Bank has mandated itself, Citigroup, HSBC and Standard Chartered as joint global co-ordinators for an offering of US dollar Tier 2 bonds.

China Construction Bank sees bad debts rising -Chairman

HONG KONG, March 30 - China Construction Bank will see further increases in its ratio of bad debts this year or next, Chairman Wang Hongzhang said at a press conference in Hong Kong on Monday, without elaborating.

China's CCB Q4 profit falls 2 pct but beats expectations

SHANGHAI, March 27 - China Construction Bank Corp (CCB) posted a two-percent fall in fourth-quarter net profit but the results from China's second-biggest lender still topped analyst estimates.

BRIEF-China Construction Bank's 2014 net profit up 6.1 pct

* Q4 net profit at 37.5 billion yuan ($6.03 billion) - Reuters calculation

China banks borrow Western tricks to combat spike in bad loans

SHANGHAI/HONG KONG - Chinese banks are increasingly drawing on Western ways of selling off bad loans, after four of the largest five lenders reported a spike in defaults in an economy stuttering at its slowest growth rate in 25 years.

China Construction Bank plans to set up branches in 8 countries this year - sources

HONG KONG, March 26 - China Construction Bank , the country's second-biggest lender, plans to set up branches in eight countries in Europe, South America and Asia this year, three sources with direct knowledge told Reuters on Thursday.

Yuan level appropriate, reflects fx supply, demand: China central bank

BEIJING - The current level of China's yuan <CNY=CFXS> is appropriate because it reflects foreign exchange supply and demand and economic fundamentals, a top central bank researcher said on Saturday, playing down talk of suspected official intervention.

China Construction Bank plans to buy 2-3 Indonesian banks -Indonesia regulator

JAKARTA, March 13 - China Construction Bank Corp plans to buy two to three "small" Indonesian banks, an official at Indonesia's financial regulator said on Friday.

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