China Construction Bank (CCB)

Asset management

Pictet filing mistakenly showed US$15 bil bet on Chinese bank

A barrage of economic, financial and market-support measures reinvigorated investor confidence in Chinese shares and prompted the likes of Goldman Sachs to upgrade the nation’s stocks to overweight.

Company in the news

OUE Lippo Healthcare associate enters into loan agreement with China Construction Bank for $24 mil loan

Shares in OUE Lippo Healthcare closed flat at 3.4 cents on July 29.

Fintech

ADDX partners China Construction Bank on US$200 mil allocation under China's official offshore investment scheme

Both parties also announced the signing of an MOU that will pave the way for them to work together on the US$200 mil allocation

Capital markets

China Construction Bank Singapore issues $350 million infrastructure bond

Ratings agency Moody’s has given this issue an A1 rating.
China Construction Bank to list maiden RMB2 billion transition bond on SGX - THE EDGE SINGAPORE

IPO

China Construction Bank to list maiden RMB2 billion transition bond on SGX

A RMB2 billion 2-year senior transition bond from the China Construction Bank is set to be listed on the SGX and HKEX on Apr 22
People’s Bank of China (PBOC)

China Focus

Positive for larger China banks amid PBOC rate hike

SINGAPORE (Feb 8): UOB Kay Hian says the increase in interest rates for standby lending facility (SLF),  medium-term lending facility (MLF), and reverse repo by the People’s Bank of China will be “positive” for large banks in China.
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