HONG KONG -- China Construction Bank has some reassuring words for its investors: The worst might be over for China's second-largest bank by assets that had been plagued by worries of rising defaults and bad debt.
At the grand opening of CCBM, 13 MoUs were also signed here today. These included MoUs between Malaysian Investment Development Authority (MIDA) and CCBM, between Maybank and CCB, and between YTL Corp Bhd and CCBM, as well as 10 other ...
BEIJING China Construction Bank Corp (CCB) said on Tuesday that it has signed a 21 billion yuan ($3.1 billion) debt-for-equity swap deal with Shandong Energy Group Co, as China presses ahead with plans to cut mounting corporate debt.
From an individual holding perspective, Tencent Holdings Ltd, China Construction Bank Corp and China Mobile Ltd are the top three allocations of the fund, with 9.14%, 9.03% and 7.75% exposure, respectively (as of June 21, 2017).
Owning a piece of domestic companies in China, home to the world's second-largest stock market, will be possible this time next year through mutual funds that are run by managers or index funds and ETFs that track the MSCI Emerging Markets Index.
As of December, CCB Indonesia was 60 percent owned by the China Construction Bank Corporation, 25.6 percent by Indonesian businessman Johnny Wiraatmadja, 0.9 percent by PT Blue Cross Indonesia and 13.5 percent by the public.
An official from China Construction Bank Corp. (601939.SH) declined to comment. A posting on Weibo, a Twitter-like microblogging site, with language similar to the speculation described by Wanda in its statement specifically mentioned the company's ...