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China Merchants, News
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China merchants, Latest News
China Merchants Bank is a Chinese bank headquartered in Futian District, Shenzhen, Guangdong, China. Founded in 1987, it is the first share-holding commercial bank wholly owned by corporate legal entities in China.
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Business :
IL&FS completes stake sale in China road asset to Pingan
In a major step towards resolving overall debt, IL&FS on Thursday announced completion of its 49 per cent stake sale in its Chinese road asset Chongqing Yuhe Expressway Company (CYEC). ...