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HKG:1988

11 stories mentioning HKG:1988Updated 16d ago

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Asia

China Minsheng Banking Posts Lower H1 Attributable Profit; Net Interest Income Up

China Minsheng Banking (SHA:600016, HKG:1988) reported 19.5 billion yuan in profit attributable to equity shareholders for the first half, compared with 21.4 billion yuan a year ago, a Friday bourse filing showed.EPS moved to 0.40 yuan from 0.45 yuan year over year.For the six months ended June 30, net interest income was 52.6 billion yuan, versus 49.2 billion yuan previously, the lender said.The bank declared a cash dividend of 1.18 yuan per 10 shares, payable Oct. 27 to shareholders of record as of Sept. 16.

HKG:1988SHA:600016
Treasury

Jinqiao Export Processing Zone Development Issues 700 Million Yuan Medium-Term Bond

Shanghai Jinqiao Export Processing Zone Development (SHA:600639, SHA:900911) issued medium-term bonds worth 700 million yuan on Aug. 7, according to a Thursday disclosure on the Shanghai bourse.The bond, the real estate company's second tranche for the year, has a coupon rate of 1.68% and a term of three years.China Minsheng Banking (SHA:600016, HKG:1988) acted as the bookrunner and lead underwriter.

HKG:1988SHA:600016SHA:600639SHA:900911
Asia

Jointown Pharmaceutical Plans Up to 2.2-Billion-Yuan Factoring

Jointown Pharmaceutical (SHA:600998) plans to launch up to 2.2 billion yuan in non-recourse accounts receivable factoring with China Minsheng Bank (SHA:600016, HKG:1988), using an up to three-year revolving facility.The deal may involve credit enhancement from controlling shareholder Chuchang Investment, making it a related-party transaction, according to a Wednesday filing with the Shanghai bourse.Shares of the pharmaceutical company rose 2% in recent trade.

HKG:1988SHA:600016SHA:600998
Asia

China Minsheng Banking Issues 15 Billion Yuan Green Bonds

China Minsheng Banking (SHA:600016, HKG:1988) raised 15 billion yuan from issuing green bonds with a three-year term and a coupon rate of 1.50%.Proceeds will finance green industry projects, according to a Tuesday filing with the Shanghai bourse.Shares of the lender were down 1% in recent trade.

HKG:1988SHA:600016
Asia

Huaneng Power Completes Issuance of 3 Billion Yuan of 99-Day Bonds

Huaneng Power International (SHA:600011, HKG:0902) completed the issuance of up to 3 billion yuan of 99-day debts, according to a Thursday disclosure to the Shanghai bourse.The bonds carry an interest rate of 1.34%.Industrial Bank (SHA:601166), China Minsheng Banking (HKG:1988, SHA:600016), and Agricultural Bank of China (HKG:1288, SHA:601288) were the lead underwriters.

HKG:0902HKG:1288HKG:1988SHA:600011SHA:600016SHA:601166SHA:601288
Asia

East Money Information to Provide Guarantee of Up to 4 Billion Yuan to Subsidiary

East Money Information (SHE:300059) agreed to provide an irrevocable joint and several liability guarantee of up to 4 billion yuan to its subsidiary, Shanghai Tiantian Fund Sales, according to a Shenzhen bourse on Wednesday.The Chinese financial services provider's shares slipped 1% during morning trade on Thursday.The guarantee will be for a credit facility that Tiantian will apply at China Minsheng Banking (SHA:600016, HKG:1988).

HKG:1988SHA:600016SHE:300059
Asia

Datang International Power Raises 2 Billion Yuan for Working Capital, Debt Repayment

Datang International Power Generation (HKG:0991, SHA:601991) issued 2 billion yuan worth of super short-term financing bonds, the sixth tranche of such debt issued by the company this year, according to a Shanghai bourse filing on Tuesday.The notes carry a coupon rate of 1.35% and mature in 120 days.China Minsheng Banking (SHA:600016, HKG:1988) is the lead underwriter and bookrunner of the issuance.The proceeds will be used to supplement the company's working capital and repay debt.The power company's Hong Kong shares fell 2% during the midday trade.

HKG:0991HKG:1988SHA:600016SHA:601991
Asia

Sinomine Resource to Receive 300 Million Yuan in Guarantees from Subsidiary for Credit Facility; Shares Down 7%

Sinomine Resource Group's (SHE:002738) subsidiary, China Mining Resources (Jiangxi) New Materials, agreed to provide guarantees of up to 300 million yuan to the company for a credit facility of the same amount, according to a Shenzhen bourse filing on Saturday.The Chinese mining company's shares dipped 7% during Monday's afternoon trade.The company will apply the credit at China Minsheng Banking (SHA:600016, HKG:1988).The guarantee is valid for three years from the date the debt repayment obligation becomes due.

HKG:1988SHA:600016SHE:002738
Asia

China Minsheng Banking's Q1 Profit Slips 10%, Revenue Rises 3%

China Minsheng Banking's (SHA:600016, HKG:1988) net profit attributable to holders in the first quarter slipped 9.6% to 11.5 billion yuan from 12.7 billion yuan a year earlier, according to a Hong Kong bourse filing on Wednesday.The lender's Hong Kong shares dropped less than 5% and Shanghai shares slipped 1% at the close of Thursday's trade.Earnings per share fell year on year to 0.26 yuan from 0.29 yuan.Operating income rose 2.7% to 37.8 billion yuan from 36.8 billion yuan in the previous year.

HKG:1988SHA:600016
Asia

China Minsheng Banking's Profit Climbs 5.4% in 2025

China Minsheng Banking (SHA:600016, HKG:1988) recorded an attributable profit of 30.6 billion yuan in 2025, down 5.4% from 32.3 billion yuan a year prior, according to the lender's annual report filed with the Hong Kong bourse Monday.Earnings per share slipped to 0.63 yuan from 0.64 yuan in 2024.Operating income rose 4.9% to 139.7 billion yuan from 133.1 billion yuan in the prior-year period.The bank proposed a cash dividend of 0.53 yuan per 10 shares for the year, payable subject to shareholder approval.

HKG:1988SHA:600016
Asia

China Minsheng Banking Issues 30 Billion Yuan Tier 2 Capital Bonds

China Minsheng Banking (SHA:600016, HKG:1988) issued Tier 2 capital bonds amounting to 30 billion yuan, according to a Shanghai bourse filing on Wednesday.The 10-year fixed-rate bonds have a coupon rate of 2.13%, with a conditional issuer call option at the end of the fifth year.Proceeds from the issuance will be used to supplement the lender's Tier 2 capital.The bank's Hong Kong shares slipped 1% during the morning trade.

HKG:1988SHA:600016

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