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KM Financial Solutions | CORRECTED-UPDATE 1-China’s Hengfeng Bank issues 100 bln shares to state, foreign investors
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CORRECTED-UPDATE 1-China’s Hengfeng Bank issues 100 bln shares to state, foreign investors

17 Dec CORRECTED-UPDATE 1-China’s Hengfeng Bank issues 100 bln shares to state, foreign investors

Posted at 10:05h in News by
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China’s Hengfeng Bank said in a
Wednesday statement that it would issue 100 billion shares
through a private placement to three state and foreign
investors, in the wake of a state-led rescue to fend off risks
at the country’s smaller lenders.

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