CMB confirms share speculation over H shares rise

Source: Internet
Author: User
Keywords Closing CMB China Merchants Bank H-Share
Tags bulletin business business activities closing company development finance not yet
In response to foreign foreign said that CMB will be in the second half of this year to finance the rumors, China Merchants Bank 10th issued a clarification bulletin said, in order to promote sound and sustainable development, CMB supplementary capital matters are under study, but as of now has not yet identified specific programmes.  At the same time, the company said that the current business activities are normal, there should be no disclosure of the matter. Earlier, Reuters 8th, citing the source, the bank will be in the second half of this year to raise funds about 3 billion U.S. dollars to enhance capital adequacy ratio, and the stock plan will be mainly H-shares, including a shares.  reported that the current number of investment banks have submitted proposals to CMB, but the bank has not officially authorized. CMB's H shares were buoyed by today's stock-trading news, with shocks rising after the early opening. By 12:30 noon, H shares rose 2.49% per cent, ending two consecutive days of declines. A-share performance flat, closed at midday, slightly down 0.16%.
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