China Minsheng Banking Corp is probably the only mainland lender to recover loans made to Shanghai property tycoon Chau Ching-ngai, but did so well before his financial woes deepened. The Shanghai-listed private bank revealed in its half-yearly results report: 'During the period, Shanghai saw the incident of Chau Ching-ngai. The company has therefore adopted decisive measures to regain all the loans made to 'Shanghai Nongkai Development group of companies'.' Shanghai Nongkai is Chau's flagship company. A company official said China Minsheng had lent about 200 million yuan (HK$187.44 million) to Chau and had recovered all of it. The recovery started before the government's audit check into Shanghai Nongkai between May and last month. 'As such, the company does not have much of an impact from any problematic loans,' the bank said.