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Minsheng gains IPO approval

China Minsheng Banking Corp Wednesday said it gained approval from the Chinese mainland's securities regulator for an initial public offering in Hong Kong that could raise up to US$4.02 billion according to one analyst.

Minsheng net better than peers

China Minsheng Banking Corp, the nation's first listed non-State lender, showed a significant rise in net profit in the first half, benefiting from higher lending growth and a one-time gain from the sale of its equity investment in a brokerage firm.

China Minsheng Banking Corp aims to double credit cards

China Minsheng Banking Corp plans to almost double its credit card circulation in three years, sources said.

Minsheng Bank readies for Hong Kong float

The robust capital flow to the Hong Kong capital market, has offered an attractive funding option to mainland enterprises, particularly banks, at a time when the ban on new share issues on the mainland is yet to be lifted.

Temasek likely to sell stake in Minsheng

Temasek Holdings, the sovereign fund of Singapore, is likely to sell its 2.5% stake in China Minsheng Banking Corp Ltd, local media reported.