China Merchants Bank to Set Up Financial Asset Investment Subsidiary for 15 Billion Yuan

MT Newswires Live

2025/05/09

China Merchants Bank (HKG:3968, SHA:600036) will invest 15 billion yuan to establish a wholly-owned financial asset investment subsidiary, according to a Hong Kong Stock Exchange filing on Thursday.

The lender's board of directors approved the plan, the filing said.

Both Hong Kong and Shanghai shares of the company rose less than 2% in recent trade.

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