China’s banks are poised to raise tens of billions of dollars via preferred share issues in the coming months, as they look to boost capital ratios ahead of strict new regulations and a potential rise in bad loans.
Two of China’s big-four lenders – Agricultural Bank of China and Bank of China – have already announced plans to raise up to Rmb180bn ($29bn) combined through preferred share sales, following rule changes announced last month. Others are expected to follow.
Although Chinese banks appear to have adequate buffers in place, they have limited options for raising capital and face an increasingly uncertain future.
您已閱讀28%（624字），剩余72%（1641字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。