HOME


ABOUT CRGP
MEMBERSHIP
PEOPLE
RESEARCH
PUBLICATIONS
EVENTS
NEWS
  CRGP News
  Global Projects Blog
  Global Projects RealNews






« Principal launches sub-Saharan infrastructure fund | Main | Goldman fund makes move on US ports »

July 12, 2007

Tough road for Chinese banks to go overseas

By 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.

Full Story...

Posted by pichu at July 12, 2007 6:10 PM