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China's Hengfeng Bank completes restructuring
China's Hengfeng Bank has recently received 100 billion yuan (14.5 billion U.S. dollars) in strategic investment, marking the completion of its restructuring, according to the financial supervision authorities of eastern China's Shandong Province.
January14,2020
Hengfeng Bank announces RMB100 bln private placement plan
Hengfeng Bank, one of China's 12 national joint stock commercial banks, announced that a private placement plan of 100 billion yuan ordinary shares was passed on its extraordinary general meeting (EGM) held on Wednesday.
December19,2019
Central Huijin mulls strategic investment into Hengfeng Bank, report
Central Huijin Investment Ltd. (Central Huijin), a state-owned investment company in China, is mulling being a strategic investor of Hengfeng Bank, reported Economic Information Daily citing a source close to the company last Friday.
August12,2019
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