Edition:
United Kingdom

China Minsheng Banking Corp Ltd (1988.HK)

1988.HK on Hong Kong Stock

5.75HKD
21 Jan 2019
Change (% chg)

HK$0.02 (+0.35%)
Prev Close
HK$5.73
Open
HK$5.71
Day's High
HK$5.75
Day's Low
HK$5.68
Volume
18,385,427
Avg. Vol
21,090,738
52-wk High
HK$7.79
52-wk Low
HK$5.25

Latest Key Developments (Source: Significant Developments)

China Minsheng Banking Gets C.Bank Approval To Issue Tier-2 Capital Bonds Of Up To 40 Bln Yuan
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - China Minsheng Banking Corp Ltd <600016.SS>1988.HK::SAYS IT GETS CENTRAL BANK'S APPROVAL TO ISSUE TIER-2 CAPITAL BONDS WORTH UP TO 40 BILLION YUAN ($5.91 billion).  Full Article

China Minsheng Banking Gets Banking And Insurance Regulator's Approval To Issue Tier-2 Capital Bonds
Friday, 28 Dec 2018 

Dec 28 (Reuters) - China Minsheng Banking Corp Ltd <600016.SS>1988.HK::SAYS IT GETS BANKING AND INSURANCE REGULATOR'S APPROVAL TO ISSUE TIER-2 CAPITAL BONDS WORTH UP TO 40 BILLION YUAN ($5.82 billion).  Full Article

China Minsheng Banking Corp Announces Issuance Of Financial Bonds Worth RMB20 Billion
Friday, 14 Dec 2018 

Dec 14 (Reuters) - China Minsheng Banking Corp Ltd <600016.SS>::ISSUES FINANCIAL BONDS OF RMB20 BILLION.  Full Article

China Minsheng Banking's H1 Net Profit Up 5.45 Percent Y/Y
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - China Minsheng Banking Corp Ltd <600016.SS>1988.HK::SAYS ITS H1 NET PROFIT UP 5.45 PERCENT Y/Y.  Full Article

China Minsheng Banking Says Banking Regulator Approves Its Deputy Head Of The Bank Appointments
Friday, 24 Aug 2018 

Aug 24 (Reuters) - China Minsheng Banking Corp Ltd <600016.SS>1988.HK::SAYS BANKING REGULATOR APPROVES CHEN QIONG, HU QINGHUA AS DEPUTY HEAD OF THE BANK.  Full Article

China Minsheng Banking Corp Adjusts Conversion Prices Of Offshore & Domestic Preference Shares
Friday, 27 Jul 2018 

July 27 (Reuters) - China Minsheng Banking Corp Ltd <600016.SS>::ANNOUNCEMENT IN RELATION TO ADJUSTMENT ON CONVERSION PRICES OF OFFSHORE PREFERENCE SHARES AND DOMESTIC PREFERENCE SHARES.CONVERSION PRICE OF OFFSHORE PREFERENCE SHARES WILL BE ADJUSTED FROM HK$7.56 PER H SHARE TO HK$6.30 PER H SHARE.CONVERSION PRICE OF PROPOSED DOMESTIC PREFERENCE SHARES TO BE ADJUSTED FROM RMB8.79 PER A SHARE TO RMB7.33 PER A SHARE.  Full Article

Wintime Energy's Controlling Shareholder Signs Strategic Agreement With Five Banks
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Wintime Energy Co Ltd <600157.SS>::SAYS CONTROLLING SHAREHOLDER SIGNS STRATEGIC AGREEMENT WITH CHINA DEVELOPMENT BANK, CHINA CITIC BANK <<<601998.SS>>>0998.HK, CHINA MINSHENG BANKING <<<600016.SS>>>1988.HK, PING AN BANK <<<000001.SZ>>> AND BANK OF SHANGHAI <<<601229.SS>>>.SAYS THE STRATEGIC COOPERATION IS TO SUPPORT CAPITAL NEEDS AND TRANSFORMATION DEVELOPMENT OF CONTROLLING SHAREHOLDER AND ITS AFFILIATES.SAYS THE BANKS PLAN TO PROVIDE INTENT CREDIT LINE TO CONTROLLING SHAREHOLDER AND ITS AFFILIATES.  Full Article

Oceanwide Holdings' Units Plans Trust, To Apply For Fundraising
Thursday, 12 Jul 2018 

July 12 (Reuters) - Oceanwide Holdings Co Ltd <000046.SZ>::SAYS INVESTMENT MANAGEMENT UNIT PLANS TO INVEST UP TO 910 MILLION YUAN ($136.56 million) TO SET UP CAPITAL TRUST.SAYS ITS SUBSIDIARY CHINA TONGHAI INTERNATIONAL FINANCIAL TO APPLY FOR FUNDRAISING WORTH HK$1.0 BILLION ($127.42 million) FROM CHINA MINSHENG BANKING'S HONG KONG BRANCH.SAYS ITS PROPERTY UNIT PLANS TO APPLY FOR FUNDRAISING WORTH 4.3 BILLION YUAN FROM CHINA MINSHENG BANKING'S BEIJING BRANCH.  Full Article

China Minsheng Banking says change of accounting policy
Sunday, 29 Apr 2018 

April 29(Reuters) - China Minsheng Banking Co Ltd <600016.SS> ::Says it changed the accounting policy due to national policy requirement.  Full Article

China Minsheng Banking Corp Approves Plan Of Capital Reserve Capitalisation For 2017
Wednesday, 11 Apr 2018 

April 11 (Reuters) - China Minsheng Banking Corp Ltd ::APPROVED PLAN OF CAPITAL RESERVE CAPITALISATION FOR 2017.PLANS TO CAPITALISE CAPITAL RESERVE BY ISSUING SHARES TO HOLDERS OF A AND H SHARES AT 2 SHARES FOR EVERY 10 SHARES HELD.TOTAL NUMBER OF SHARES TO BE ISSUED BY CAPITALISATION OF CAPITAL RESERVE WILL BE 7,297 MILLION SHARES.APPLICATION TO BE MADE TO LISTING COMMITTEE OF STOCK EXCHANGE FOR APPROVAL FOR LISTING OF THE CAPITALISATION H SHARES.  Full Article

China's regulator fines six lenders for violating regulations

HONG KONG, Dec 7 China's banking and insurance regulator said on Friday it has fined six Chinese banks, including Bank of Communications Co Ltd and China Minsheng Banking Corp Ltd , and two banking officers for violating regulations.