News: China Construction Bank Corp (601939.SS)
Wed, Apr 22 2015
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.
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.
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.
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.
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.
* Q4 net profit at 37.5 billion yuan ($6.03 billion) - Reuters calculation
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.
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.
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.
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.