Brief introduction of China Merchants Bank
China Merchants Bank is headquartered in Futian District, Shenzhen. On April 9, 2002, China Merchants Bank A shares were listed on the Shanghai Stock Exchange. On September 8, 2006, China Merchants Bank began its public offering in Hong Kong, issuing about 2.2 billion H shares and raising HK$ 20 billion. It was listed on the Hong Kong Stock Exchange on September 22. The net capital exceeds 290 billion, and the total assets exceed 4.4 trillion.
By the first half of 20 17, China Merchants Bank had more than 1800 domestic and overseas branches, set up service outlets in more than 30 cities in Chinese mainland/kloc-0, and had 5 overseas branches and 3 overseas representative offices with more than 70,000 employees. 1On April 8th, 987, China Merchants Bank held its opening ceremony in Shekou, Shenzhen, and the first enterprise-founded bank in China was born, with Wang Shizhen as its first president.
On June 25th, 2022, China Resources Land and its Vientiane Life Insurance signed an M&A financing strategic cooperation agreement with China Merchants Bank, and China Merchants Bank will give China Resources Land 20 billion yuan and China Resources Vientiane Life Insurance 3 billion yuan M&A financing lines respectively for M&A business of China Resources Land and China Resources Vientiane Life Insurance.