NEWS： The bank intends to set up 8 billion yuan to set up a subsidiary company and inv
please contact sales@tanchin.hk for any inquiry
Bank of Communications Ltd (601328.SS) (3328.HK) announced on Friday that it would invest less than 8 billion yuan to set up a full capital asset management subsidiary and plan to invest 3 billion yuan in the establishment of a national financing guarantee fund from 2018 to four years.
Prior to the announcement of 600015.SS and 3968.HK (600036.SS), an asset management subsidiary was planned to be set up by 5 billion yuan, and the Bank of China and the 600000.SS (600000.SS) also announced to share the national financing guarantee fund with 1 billion yuan and 2 billion yuan.
In November 2017, the five ministries, such as the Central Bank of China and the China Banking Regulatory Commission, jointly issued a solicitation of opinions on the guidance of regulating the management of assets of financial institutions, saying that commercial banks with the qualification of securities investment fund management after the transition period should set up assets management business with independent legal status.
Bank of communications A shares closed 6.02 yuan on Thursday, down 7.38% in the past three months, and Hong Kong stocks closed at HK $6.21 on the same day. The total decline in the last three months was 2.39%.
please contact sales@tanchin.hk for any inquiry
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