China Minsheng Bank
Encyclopedia
China Minsheng Bank , founded on January 12, 1996 in Beijing, is the first bank in China
to be owned mostly by non-government enterprises. The bank was founded by Jing Shuping
, a Chinese lawyer and businessman who become prominent in the People's Republic of China
after the nation's founding in 1949.
Minsheng Bank has over two hundred banking outlets throughout China and relationships with more than seven hundred banks overseas. The bank was publicly listed
on the Hong Kong Stock Exchange
in 2009.
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
to be owned mostly by non-government enterprises. The bank was founded by Jing Shuping
Jing Shuping
Jing Shuping was a Chinese businessman who founded the Minsheng Bank, the first privately owned bank to open in the Communist People's Republic of China, in 1996.Jing Shuping graduated from the former Saint John's University in Shanghai in 1939...
, a Chinese lawyer and businessman who become prominent in the People's Republic of China
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...
after the nation's founding in 1949.
Minsheng Bank has over two hundred banking outlets throughout China and relationships with more than seven hundred banks overseas. The bank was publicly listed
Initial public offering
An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...
on the Hong Kong Stock Exchange
Hong Kong Stock Exchange
The Hong Kong Stock Exchange is a stock exchange located in Hong Kong. It is Asia's third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and the Shanghai Stock Exchange and fifth largest in the world...
in 2009.
See also
- Minsheng Bank BuildingMinsheng Bank BuildingThe Minsheng Bank Building is a supertall skyscraper located in Wuhan, China. The tall building was completed in 2007 and contains 68 floors. In April 2006, the building was topped out, becoming the 18th-tallest building in the world...
- Shanghai Pudong Development BankShanghai Pudong Development BankShanghai Pudong Development Bank Co. Ltd , incorporated on January 9, 1993 with the approval of the People's Bank of China , is a joint-stock commercial bank with its headquarters located in Shanghai....
- Huaxia Bank
- China Merchants BankChina Merchants BankChina Merchants Bank is a bank headquartered in Shenzhen, China. Founded in 1987, it is the first share-holding commercial bank wholly owned by corporate legal entities.CMB has over five hundred branches in mainland China and one in Hong Kong...
External links
- China Minsheng Bank's website
- China Minsheng Bank's website
- Minsheng Bank posts 47% net profit growth - November 2004, China DailyChina DailyThe China Daily is an English language daily newspaper published in the People's Republic of China.- Overview :China Daily was established in June 1981 and has the widest print circulation of any English-language newspaper in the country...
- Minsheng Bank Reveals Property Scandal - 22 April 2005, China Daily