www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

   

Central Huijin bails out Everbright bank

By Mao Lijun (China Daily)
Updated: 2007-11-08 07:38

Central Huijin Investment Co Ltd, a subsidiary of China Investment Corp (CIC), said it will buy a 70.92 percent stake in China Everbright Bank (CEB) at 1yuan per share.

Central Huijin will take control of CEB, China Everbright Group's banking unit, with a 20 billion yuan capital injection by the end of this month.

The bailout will lift CEB's core capital adequacy ratio to above 5 percent and pave the way for the entry of strategic investors, allowing the bank to hold an initial public offering (IPO) in Hong Kong and on the mainland A-share market.

"The restructure plan will be further discussed by and is subject to approval from the board and shareholders," Tang Shuangning, chairman of China Everbright Group, a State-owned financial conglomerate, said Wednesday. "We expect to finish the meetings next week and most likely the plan will be passed by the board and shareholders."

The bank is also preparing to introduce strategic investors ahead of a planned Hong Kong listing this year or early next year, Tang said.

Earlier media reports said the bank could raise at least $1 billion in its IPO.

The lender is a target for foreign investors given its low share price and scale in the country.

"We will reserve a 20 percent stake for foreign strategic investors and we would like to select investors who can hold a stake in the bank for a long time," said Lin Li, a board member of China Everbright Group.

The bank has hired China International Capital Corp and Morgan Stanley to find one to three strategic investors, but asset restructuring is a stumbling block for the process.

Bad assets and the lender's complicated shareholding structure have made the bank's restructure a difficult process.

The bank is 24.16 percent-owned by China Everbright Group and 21.4 percent-owned by Hong Kong-listed China Everbright Ltd.

The bank's non-performing loans ratio stood at over 6 percent at the end of 2006. Its net profit was 3.97 billion yuan at the end of September.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
主站蜘蛛池模板: 日日a.v拍夜夜添久久免费 | 日韩欧美第一页 | 国内一级特黄女人精品片 | 自拍小视频在线观看 | 国产精品国产精品 | 久久性妇女精品免费 | 亚洲免费观看 | 午夜宅男在线永久免费观看网 | 超级碰碰碰视频视频在线视频 | 真人一级毛片全部免 | 欧美成人精品三级网站 | 午夜手机看片 | 九九九九热精品免费视频 | 国产成人一级 | 欧美最爽乱淫视频播放黑人 | 亚洲精品视频区 | 国产4tube在线播放 | 日本一级毛片高清免费观看视频 | 黄色wwwxxx| 亚洲一级高清在线中文字幕 | 国产成人久久精品区一区二区 | 亚洲免费在线看 | 美女视频大全视频a免费九 美女视频大全网站免费 | 免费一级肉体全黄毛片高清 | 久久精品国产精品青草 | 成人国产精品免费视频不卡 | 男女午夜爱爱久久无遮挡 | 欧美成人综合在线观看视频 | 久久久久久综合一区中文字幕 | 国产精品高清在线观看地址 | 欧美在线观看一区 | 色综合久久久 | 欧美成人免费一区在线播放 | 亚洲成人在线免费观看 | 日本成人中文字幕 | 国产成人精品福利网站在线 | 国产成人精品免费视 | 中文久草 | 成人综合在线视频免费观看 | 国产精品亚洲综合久久 | 亚洲精品国产福利 |