www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Reporters' Log

Minsheng Bank may further increase stake in UCBH

By Xin Zhiming and Hu Yuanyuan (chinadaily.com.cn)
Updated: 2009-03-05 12:42

China Minsheng Banking Corp may further increase its stake in UCBH Holidngs, the biggest bank serving the Chinese community in the United States, a company executive said on Thursday.

"If the price is appropriate, we will invest more in UCBH," Dong Wenbiao, chairman of Minsheng told China Daily on the sidelines of the annual session of the Chinese People's Political Consultative Conference (CPPCC). "But we have no other overseas M&A plans this year."

In December 2008, Minsheng has received the approval from the State Administration of Foreign Exchange to increase its stake in UCBH to 9.9 percent from 4.9 percent, for 204 million yuan ($29.82 million).

Central Economic Work Conference

• Interest Rate Cut
• 30 Years of Reforms
• Coping with Financial Crisis
• Housing in China
• 2008 Tsinghua Management Global Forum
• more

Hot Words

• 政府注資 pump priming
• 軟環境 soft environment
• 糧食最低收購價 crops' minimum purchase prices

• 保八 Eight Percent Protection
• 以人為本 Put People First
• 農民企業家 Farmer-turned-entrepreneur
• 窗口指導 window guidance
• 下崗再就業 Re-employment after being laid off
• more

From Foreign Press

• German media give full coverage to Premier's report
• Overseas press praise China's 8% economic growth
• German media: Economy tops agenda at NPC session
• From the foreign press
• World media keeps close watch on 'two sessions'
• more

Letters

• Corruption top issue for public
• China adopts Food Safety Law
• China's economic growth in 2009
• more