raising capital and Chinese banks

China approves 287b yuan bank fundraising

China’s State Council, or Cabinet, has approved refinancing plans for the country’s four State-owned listed banks to raise a combined 287 billion yuan ($42.04 billion), the National Business Daily reported today, citing unidentified sources.

no one knows, it is they there for an hour not NPL swing?))

  TA from UBS (13.09.2011)
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