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MARKETS & INVESTING | Staff Reporter, Hong Kong
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China Merchants Bank plans over $1b H-share sale

To meet capital requirements, the bank is reportedly eyeing to issue up to $3b worth of H shares.

A Reuters report said, “Chinese banks, such as Industrial and Commercial Bank of China, China Construction Bank Ltd and Bank of China , have been raising funds by issuing shares to replenish their capital.”

View the report here.

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