UPDATE 1-China’s Hengfeng Bank issues 100 bln shares to state, foreign investors
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.
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.
Posted by Reuters
