trending Market Intelligence /marketintelligence/en/news-insights/trending/JSKUFxosjrRq_pFBcl7jIg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

China government-linked entities raise stakes in Harbin Bank

Street Talk Episode 61 - Investors debate if U.S. banks have enough capital in post COVID world

You Down With PPP? Consider The Risks

Street Talk Episode 60 - You Down With PPP? Consider The Risks

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive


China government-linked entities raise stakes in Harbin Bank

Harbin Economic Development and Investment Co. and Heilongjiang Financial Holdings Group Co. Ltd. completed their acquisition of more shares in Harbin Bank Co. Ltd.

The bank said Dec. 13 that it received approval for the transfer of its shares to the two companies. Following the share transfers, Harbin Economic Development now holds 3,257,943,986 domestic shares of the bank, representing 40.87% of the total issued domestic shares and 29.63% of the total issued shares of the bank, respectively. It is the largest shareholder of the bank.

Meanwhile, Heilongjiang Financial holds a total of 2,039,975,058 domestic shares of the bank, representing 25.59% of the total issued domestic shares and 18.55% of the total issued shares of the bank, respectively. Heilongjiang Financial is now the second-largest shareholder of the bank.