Weihai Bank gets government-led year-end capital gift, highlighting its troubles
The regional lender will sell new shares to a municipal investor in its hometown in Shandong province to shore up its capital cushion Key Takeaways: Weihai Bank will raise about…
Shenyang city ups offer for Shengjing Bank to end its misery as a listed company
A local government entity is trying to privatize the lender, which is reeling from the aftermath of troubles surrounding its former owner, China Evergrande Group Key Takeaways: A government entity…