China beefs up its biggest banks to boost the economy
Four of China’s largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in private placements from investors, including the finance ministry, after ...
China banks shares rise after $72 billion recapitalisation plans
Shares of China's big state-owned banks rose in morning trade on Monday after lenders unveiled recapitalisation plans to ...