Key banks eye 520b yuan via placements
- Posted on March 30, 2025
- By The China Daily
- 3 Views
Key banks eye 520b yuan via placements
China's major State-owned commercial banks plan to raise up to 520 billion yuan ($71.7 billion) via private placements from investors, including the finance ministry, a forward-looking move which analysts said will help forestall financial risks and better support the real economy.
