05 September 2016 at 1:11 GMT
China’s banks, which dialled down fundraising efforts this year even as bad debts swelled, are making up for lost time. Lianting Tu writes both lenders and the companies set up to acquire their delinquent assets are bolstering their finances. China Citic Bank last month announced plans to raise as much as 40 billion yuan ($6 billion), while Agricultural Bank of China, Industrial Bank and China Zheshang Bank are also boosting capital. China Cinda Asset Management and China Huarong Asset Management are poised to tap investors.
Read full article at Bloomberg