| SU HOME | SEARCH | CONTACT US | |
![]() | |
|
« Principal launches sub-Saharan infrastructure fund | Main | Goldman fund makes move on US ports » July 12, 2007Tough road for Chinese banks to go overseasBy Yi Xianrong (China Daily) The author Yi Xianrong is a researcher with the Institute of Finance and Banking under the Chinese Academy of Social Sciences State-owned commercial banks, listed on the Shanghai and Hong Kong stock exchanges, are finding it difficult to find suitable channels to invest overseas the huge capital gained from shareholders. The markets, which are going through a bull run, have pooled big sums of money into Industrial and Commercial Bank of China (ICBC), Bank of China (BOC) and China Construction Bank (CCB) since their initial public offerings.Posted by pichu at July 12, 2007 6:10 PM |
|||
|