China banks issue preferred shares

Chinese smaller lenders rush for preferred shares

More middle-and small-sized Chinese banks are planning to issue preferred shares. However, there are challenges for such issuance.

Mid- and small-sized Chinese banks, under capital pressure, are looking to issue preferred shares, following the lead of large state-owned groups that are aggressively raising funds in capital markets.

¬ Haymarket Media Limited. All rights reserved.

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