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China Minsheng Banking Corp Ltd (600016.SS)

600016.SS on Shanghai Stock Exchange

5.91CNY
1:13am EST
Change (% chg)

¥-0.04 (-0.67%)
Prev Close
¥5.95
Open
¥5.93
Day's High
¥5.95
Day's Low
¥5.90
Volume
59,829,589
Avg. Vol
61,738,982
52-wk High
¥7.89
52-wk Low
¥5.55

Latest Key Developments (Source: Significant Developments)

China Minsheng Banking Corp Announces Issuance Of Financial Bonds Worth RMB20 Billion
Friday, 14 Dec 2018 06:40am EST 

Dec 14 (Reuters) - China Minsheng Banking Corp Ltd <600016.SS>::ISSUES FINANCIAL BONDS OF RMB20 BILLION.  Full Article

China Minsheng Banking Corp Proposes Non-Public Issuance Of Offshore Preference Shares
Tuesday, 30 Oct 2018 09:00am EDT 

Oct 30 (Reuters) - China Minsheng Banking Corp Ltd <600016.SS>::PROPOSES NON-PUBLIC ISSUANCE OF OFFSHORE PREFERENCE SHARES OF UP TO RMB20 BILLION OR ITS EQUIVALENCE OF PREFERENCE SHARES.NOMINAL VALUE OF THE OFFSHORE PREFERENCE SHARES WILL BE RMB100 PER OFFSHORE PREFERENCE SHARE.  Full Article

China Minsheng Banking's H1 Net Profit Up 5.45 Percent Y/Y
Thursday, 30 Aug 2018 07:25am EDT 

Aug 30 (Reuters) - China Minsheng Banking Corp Ltd <600016.SS>1988.HK::SAYS ITS H1 NET PROFIT UP 5.45 PERCENT Y/Y.  Full Article

China Minsheng Banking Says Banking Regulator Approves Its Deputy Head Of The Bank Appointments
Friday, 24 Aug 2018 06:30am EDT 

Aug 24 (Reuters) - China Minsheng Banking Corp Ltd <600016.SS>1988.HK::SAYS BANKING REGULATOR APPROVES CHEN QIONG, HU QINGHUA AS DEPUTY HEAD OF THE BANK.  Full Article

China Minsheng Banking Corp Adjusts Conversion Prices Of Offshore & Domestic Preference Shares
Friday, 27 Jul 2018 09:30am EDT 

July 27 (Reuters) - China Minsheng Banking Corp Ltd <600016.SS>::ANNOUNCEMENT IN RELATION TO ADJUSTMENT ON CONVERSION PRICES OF OFFSHORE PREFERENCE SHARES AND DOMESTIC PREFERENCE SHARES.CONVERSION PRICE OF OFFSHORE PREFERENCE SHARES WILL BE ADJUSTED FROM HK$7.56 PER H SHARE TO HK$6.30 PER H SHARE.CONVERSION PRICE OF PROPOSED DOMESTIC PREFERENCE SHARES TO BE ADJUSTED FROM RMB8.79 PER A SHARE TO RMB7.33 PER A SHARE.  Full Article

Wintime Energy's Controlling Shareholder Signs Strategic Agreement With Five Banks
Wednesday, 18 Jul 2018 07:13am EDT 

July 18 (Reuters) - Wintime Energy Co Ltd <600157.SS>::SAYS CONTROLLING SHAREHOLDER SIGNS STRATEGIC AGREEMENT WITH CHINA DEVELOPMENT BANK, CHINA CITIC BANK <<<601998.SS>>>0998.HK, CHINA MINSHENG BANKING <<<600016.SS>>>1988.HK, PING AN BANK <<<000001.SZ>>> AND BANK OF SHANGHAI <<<601229.SS>>>.SAYS THE STRATEGIC COOPERATION IS TO SUPPORT CAPITAL NEEDS AND TRANSFORMATION DEVELOPMENT OF CONTROLLING SHAREHOLDER AND ITS AFFILIATES.SAYS THE BANKS PLAN TO PROVIDE INTENT CREDIT LINE TO CONTROLLING SHAREHOLDER AND ITS AFFILIATES.  Full Article

Oceanwide Holdings' Units Plans Trust, To Apply For Fundraising
Thursday, 12 Jul 2018 05:50am EDT 

July 12 (Reuters) - Oceanwide Holdings Co Ltd <000046.SZ>::SAYS INVESTMENT MANAGEMENT UNIT PLANS TO INVEST UP TO 910 MILLION YUAN ($136.56 million) TO SET UP CAPITAL TRUST.SAYS ITS SUBSIDIARY CHINA TONGHAI INTERNATIONAL FINANCIAL TO APPLY FOR FUNDRAISING WORTH HK$1.0 BILLION ($127.42 million) FROM CHINA MINSHENG BANKING'S HONG KONG BRANCH.SAYS ITS PROPERTY UNIT PLANS TO APPLY FOR FUNDRAISING WORTH 4.3 BILLION YUAN FROM CHINA MINSHENG BANKING'S BEIJING BRANCH.  Full Article

China Minsheng Banking says change of accounting policy
Sunday, 29 Apr 2018 03:08am EDT 

April 29(Reuters) - China Minsheng Banking Co Ltd <600016.SS> ::Says it changed the accounting policy due to national policy requirement.  Full Article

China Minsheng Banking Corp Says Q1 Net Profit Attributable Rose 5.2 Pct
Friday, 27 Apr 2018 10:45am EDT 

April 27 (Reuters) - China Minsheng Banking Corp Ltd <600016.SS>::Q1 NET INTEREST INCOME RMB15,741 MILLION VERSUS RMB20,680 MILLION.Q1 NET PROFIT ATTRIBUTABLE RMB 14,942 MILLION, UP 5.23 PERCENT.AS AT MARCH 31, 2018, NPL RATIO WAS 1.71%.  Full Article

China Minsheng Banking Corp Approves Plan Of Capital Reserve Capitalisation For 2017
Wednesday, 11 Apr 2018 10:52am EDT 

April 11 (Reuters) - China Minsheng Banking Corp Ltd ::APPROVED PLAN OF CAPITAL RESERVE CAPITALISATION FOR 2017.PLANS TO CAPITALISE CAPITAL RESERVE BY ISSUING SHARES TO HOLDERS OF A AND H SHARES AT 2 SHARES FOR EVERY 10 SHARES HELD.TOTAL NUMBER OF SHARES TO BE ISSUED BY CAPITALISATION OF CAPITAL RESERVE WILL BE 7,297 MILLION SHARES.APPLICATION TO BE MADE TO LISTING COMMITTEE OF STOCK EXCHANGE FOR APPROVAL FOR LISTING OF THE CAPITALISATION H SHARES.  Full Article

Greenland HK says investor criticism was "misleading and unfair"

HONG KONG, Oct 21 Greenland Hong Kong described investor statements that prompted a share price slide on Friday as "inaccurate, groundless, misleading and unfair".