HONG KONG/SHANGHAI, Dec 8 (Reuters) - Shares in China and
Hong Kong declined on Tuesday, with banks leading losses, on
concern over more share issues and comments suggesting mainland
banks may not receive government help to boost their capital.
...
The official Securities Times quoted a senior official at
Central Huijin, an arm of Beijing's sovereign wealth fund, as
saying that it would not reinject dividends it receives from
China's four biggest state-owned banks to ease pressure on them
to raise funds.
Chinese banks are expected to turn to capital markets to
raise funds and replenish capital after a lending spree in the
first half of the year spurred worries about rising risk.
http://www.reuters.com/article/idUSTOE5B708920091208?type=hongkongMktRpt
Hong Kong declined on Tuesday, with banks leading losses, on
concern over more share issues and comments suggesting mainland
banks may not receive government help to boost their capital.
...
The official Securities Times quoted a senior official at
Central Huijin, an arm of Beijing's sovereign wealth fund, as
saying that it would not reinject dividends it receives from
China's four biggest state-owned banks to ease pressure on them
to raise funds.
Chinese banks are expected to turn to capital markets to
raise funds and replenish capital after a lending spree in the
first half of the year spurred worries about rising risk.
http://www.reuters.com/article/idUSTOE5B708920091208?type=hongkongMktRpt