China Development Bank

Bocom chairman to take control at policy bank

11 Apr 2013

The chairman of the mainland's fifth-largest lender by assets will move to head China Development Bank (CDB), a policy bank and the major lender behind China's push for companies to expand...

5:20AM

China Development Bank grabs chance for aggressive global loan expansion

13 Mar 2013

China Development Bank is now the world's largest for overseas loans and is playing a leading role in promoting Beijing's economic interests abroad.

11:01AM

Chavez death clouds Beijing's loan-for-oil deal

7 Mar 2013

Wholly owned by the Chinese government, CDB has developed a close business relationship with Venezuela - which has borrowed US$36 billion from China in recent years - mainly to support Beijing's...

3:47AM

Two more bank veterans stay on to ensure stability

22 Feb 2013

Chen Yuan, the 68-year-old chairman of China Development Bank, will stay in his job at the nation's largest financer of infrastructure projects and overseas investment despite his age and a recent...

5:22AM

CDB appoints new Hong Kong boss after Ping An loan probe

24 Jan 2013

The head of China Development Bank's Hong Kong branch has been moved back to Beijing after an internal probe into a loan deal for the US$9.4 billion bid by a Thai conglomerate for HSBC's holding...

4:58AM

State-owned CDB teams up with asset manager

21 Jan 2013

China Development Bank is teaming up with one of the world's largest natural resources asset managers for a joint venture, as the capital-rich state-owned bank embarks on more offshore investments...

6:15PM

Opinion

Michael Cox

The last straw for Terry Wong?

2:53PM

Alex Lo

Survey exposes racism's shameful face

Updated 1:51AM

Charoen Pokphand insists it has funds to buy HSBC stake in Ping An

Thailand's Charoen Pokphand Group yesterday issued a statement reaffirming that it had the means to acquire HSBC's US$9.4 billion stake in Ping An Insurance, in a bid to scotch reports that the...

4:37AM

HSBC needs to end its Ping An silence with simple answers

HSBC confirms that it is not aware of any information [in relation to the sale of its control in Ping An Insurance], which must be announced to avoid a false market in HSBC's securities, or of any...

4:02AM

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HSBC: 'nothing more to disclose'

HSBC, which is selling its entire Ping An stake in a high-profile deal to a Thai firm amid growing doubts in the market and press, finally broke its silence last night at the request of the Hong...

4:00AM

The Ping An deal - what is HSBC thinking?

It looked like a stroke of luck at a difficult time for HSBC - a chance to make a big profit from selling one of its most valuable assets in China.

1:28PM

HSBC's Ping An stake sale unravels

The unraveling of HSBC's sale of its stake in Ping An reflects the big role that Chinese politics can play in such transactions, creating additional risk for minority investors.

10:41AM

Exclusive: CDB branch chief suspended over Ping An deal

The head of China Development Bank's Hong Kong branch has been suspended after a U-turn by the state-owned lender over its proposed involvement in a deal for HSBC's stake in Ping An Insurance.

10:42AM