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SHA:601998

6 stories mentioning SHA:601998

Every FINWIRES story that references SHA:601998, newest first.

Asia

Postal Savings Bank of China Appoints Chief Compliance Officer

Postal Savings Bank of China (HKG:1658, SHA:601658) appointed President Lu Wei as chief compliance officer, effective Tuesday, according to a same-day Hong Kong bourse filing.Hong Kong-listed shares of the lender were down nearly 1% in Wednesday's late morning trade.Lu previously held senior roles at China CITIC Bank (HKG:0998, SHA:601998) and also served as chairman of CITIC Trust.

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Asia

China CITIC Bank Names President

China CITIC Bank (HKG:0998, SHA:601998) named Lyu Tiangui as its president and chief compliance officer on Wednesday, according to a same-day Hong Kong bourse filing.The appointment will become effective following the relevant regulatory approvals.

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Asia

Kunshan Huguang Auto Harness Redeems Wealth Management Products at Maturity

Kunshan Huguang Auto Harness (SHA:605333) redeemed three wealth management products purchased by the company upon maturity, according to a Tuesday disclosure to the Shanghai bourse.The company redeemed 50 million yuan from a wealth management product from CITIC Bank (HKG:0998, SHA:601998) and 120 million yuan each from two products linked to Bank of Communications (HKG:3328, SHA:601328).

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Asia

China CITIC Bank's Profit Rises 3% in Q1

China CITIC Bank (HKG:0998, SHA:601998) posted net profit attributable to equity holders of 20.1 billion yuan for the first quarter, up 3% from 19.5 billion yuan a year earlier, according to a Wednesday Hong Kong bourse filing.Earnings per share stood at 0.36 yuan, unchanged from a year earlier.Operating income rose 5.6% to 54.7 billion yuan from 51.8 billion yuan in the prior-year period.

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Asia

Hubei Chutian Smart Communication Issues 1 Billion Yuan in 90-Day Bonds

Hubei Chutian Smart Communication (SHA:600035) issued 1 billion yuan in 90-day bonds, according to a Saturday filing with the Shanghai bourse.The bonds have an issuance rate of 1.4%, with 3.01 billion yuan in subscriptions.Industrial Bank (SHA:601166) is the bookkeeping manager and lead underwriter, while CITIC Bank (HKG:0998, SHA:601998) is the joint lead underwriter.

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Asia

China CITIC Bank Sells 40 Billion Yuan Bonds

China CITIC Bank (HKG:0998, SHA:601998) completed the issue of 40 billion yuan of undated capital bonds in the interbank bond market on Friday, according to a same-day Hong Kong bourse filing.The bonds carry a coupon rate of 2.06% for the first five years, following which it will be adjusted every five years.The lender has a conditional redemption right on each interest payment date in the fifth year and the years to follow.The bank will use proceeds to replenish its other tier-one capital.

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