Home>News Center>China

CCB to launch world's biggest IPO
Updated: 2005-10-10 20:56

In China, authorities have been encouraging Chinese banks to seek foreign partnerships in order to build up their capital and improve management before China fully opens its banking industry to foreign competition in late 2006.

Current limits cap equity stakes in a Chinese bank by any one foreign institution at 20 percent, with total foreign holdings limited to a maximum of 25 percent. Those limits are apparently aimed at preserving state control of major lenders, industrial observers say.

Just before the CCB roadshow, the China Banking Regulatory Commission called a meeting on corporate governance of big banks. The CCB is China's biggest property lender.

"When big banks go public, it should be a key goal for them to maximize their market value," said Liu Mingkang, the country's top banking regulator.

"In their management, (the banks) should thoroughly understand how to balance credit risks, market risks and yields."

   上一页 1 2 3 4 下一页  

Fire kills 5 in Northeast China
Aerobatics show in Hunan
Final rehearsal
  Today's Top News     Top China News

Australia, US, Japan praise China for Asia engagement



Banker: China doing its best on flexible yuan



Hopes high for oil pipeline deal



Possibilities of bird flu outbreaks reduced



Milosevic buried after emotional farewell



China considers trade contracts in India


  EU likely to impose tax on imports of Chinese shoes
  Bankers confident about future growth
  Curtain to be raised on Year of Russia
  Coal output set to reach record high of 2.5b tons
  WTO: China should reconsider currency plan
  China: Military buildup 'transparent'
  Go to Another Section  
  Story Tools  
Manufacturers, Exporters, Wholesalers - Global trade starts here.