Four of China's largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in private placements from investors, including the finance ministry, after ...

Agricultural Bank of China engages in the provision of international commercial banking and financial services. It operates through the following segments: Corporate Banking, Personal Banking ...

(Bloomberg) -- China’s Finance Ministry will inject $69 billion into four of the nation’s largest state banks via share placements, following through on a pledge to beef up capital buffers.

Their shares rose on Monday a day after the plans were announced. Bank of China said it aims to raise up to 165 billion yuan and China Construction Bank plans private placements of up to 105 ...