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BRIEF-China Merchants receives approval for non-public issuance of preference shares
August 11, 2017 / 12:27 PM / a month ago

BRIEF-China Merchants receives approval for non-public issuance of preference shares

Aug 11 (Reuters) - China Merchants Bank Co Ltd

* Recently received approval from CBRC concerning non-public issuance of preference shares & amendments to articles of association by co

* Approval for non-public issuances of up to RMB35 billion preference shares in domestic and foreign markets were approved

* Issuances will be treated as additional tier 1 capital of company Source text for Eikon: Further company coverage:

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