China Construction Bank

Last updated

Related Research Articles

<span class="mw-page-title-main">Bank of China</span> Chinese state-owned commercial bank

The Bank of China is a Chinese majority state-owned commercial bank headquartered in Beijing and one of the very largest banks in the world.

<span class="mw-page-title-main">Agricultural Bank of China</span> Strategic state-owned bank

Agricultural Bank of China (ABC), also known as AgBank, is one of the "Big Four" banks in China. It was founded on 10 July 1951, and has its headquarters in Dongcheng District, Beijing. It has branches throughout mainland China, Hong Kong, London, Tokyo, New York, Frankfurt, Sydney, Seoul, and Singapore.

<span class="mw-page-title-main">SoftBank Group</span> Japanese investment holding company

SoftBank Group Corp. is a Japanese multinational investment holding company headquartered in Minato, Tokyo which focuses on investment management. The group primarily invests in companies operating in technology that offer goods and services to customers in a multitude of markets and industries ranging from the internet to automation. With over $100 billion in capital at its onset, SoftBank's Vision Fund is the world's largest technology-focused venture capital fund. Fund investors included sovereign wealth funds from countries in the Middle East.

<span class="mw-page-title-main">Industrial and Commercial Bank of China</span> State-owned bank in China

The Industrial and Commercial Bank of China is the largest bank in China and in the world, by total assets. ICBC was created on 1 January 1984 from what were then the commercial banking operations of the People's Bank of China. ICBC is majority-owned by the Chinese government and has remained so after its landmark initial public offering in 2006. As of end-2021, ICBC shareholders included Central Huijin Investment, the Chinese Ministry of Finance, the National Council for Social Security Fund, adding up to 69.3 percent under the ultimate control of the Ministry of Finance.

<span class="mw-page-title-main">China Development Bank</span> Development bank in the Peoples Republic of China (PRC)

China Development Bank (CDB) is a policy bank of China under the State Council. Established in 1994, it has been described as the engine that powers the national government's economic development policies. It has raised funds for numerous large-scale infrastructure projects, including the Three Gorges Dam and the Shanghai Pudong International Airport.

<span class="mw-page-title-main">Ping An Insurance</span> Chinese insurance company

Ping An Insurance known also as Ping An of China, full name Ping An Insurance (Group) Company of China, Ltd. is a Chinese financial services holding company whose subsidiaries provide insurance, banking, asset management, financial services. The company was founded in 1988 and is headquartered in Shenzhen. "Ping An" literally means "safe and well".

<span class="mw-page-title-main">People's Insurance Company of China</span> Chinese insurance company

The People's Insurance Company (Group) of China Limited, known as PICC Group or just PICC, is a Chinese listed insurer. The Chinese Central Government is the controlling shareholder.

Central Huijin Investment Co., Ltd. is a Chinese sovereign fund formerly owned by the government of the People's Republic of China. Established in 2003 by the People's Bank of China, five years later it became a wholly-owned subsidiary of China Investment Corporation, with its own Board of Directors and Board of Supervisors. Central Huijin's principal shareholder rights are exercised on behalf of the State Council. Central Huijin is an organization by which the Chinese government can act as a shareholder for the "big four" state-owned banks, thereby improving corporate governance and initiating reforms of the banking industry.

<span class="mw-page-title-main">Bank of Communications</span> Bank in China

Bank of Communications is the fifth-largest bank in mainland China. It was originally established in 1908 and was one of a handful of domestic Chinese banks that issued banknotes in modern history. Following the Chinese Communist Revolution in 1949, the mainland operation of that bank were merged into the People's Bank of China and People's Construction Bank of China under the Communist single-tier banking system, while its continuation in Taiwan eventually became part of Mega International Commercial Bank.

<span class="mw-page-title-main">Banco Santander</span> Spanish multinational bank

Banco Santander S.A. doing business as Santander Group, is a Spanish multinational financial services company based in Madrid and Santander in Spain. Additionally, Santander maintains a presence in all global financial centres as the 19th-largest banking institution in the world. Although known for its European banking operations, it has extended operations across North and South America, and more recently in continental Asia. It is considered a systemically important bank by the Financial Stability Board.

Fosun International Limited is a Chinese multinational conglomerate holding company. Founded in 1992 by Guo Guangchang and four others, the company is headquartered in Shanghai and was incorporated in Hong Kong in 2004. Its Co-CEOs are Chen Qiyu and Xu Xiaoliang. Wang Qunbin joined Guo Guangchang as co-chairman in early 2020. The company is located in 16 countries and is one of the largest privately owned conglomerates in China. It was ranked 371st on the Forbes Global 2000 ranking in 2020.

<span class="mw-page-title-main">China Investment Corporation</span> Chinese sovereign wealth fund

China Investment Corporation is a sovereign wealth fund that manages part of China's foreign exchange reserves. China's largest sovereign fund, CIC was established in 2007 with about US$200 billion of assets under management, a number that grew to US$1,200 billion in 2021 and US$1,350 billion in 2023.

<span class="mw-page-title-main">China Everbright Bank</span> Chinese state-owned bank

China Everbright Bank Co., Ltd. is one of twelve Chinese joint-stock commercial bank. Established in August 1992, it is a national joint-stock commercial bank approved by the State Council and approved by the People's Bank of China, headquartered in Beijing. It was ranked in 139th in 2016 Forbes Global 2000 publicly held companies. Sister company Everbright Securities ranked 862th.

<span class="mw-page-title-main">China International Capital Corporation</span> Chinese company

China International Capital Corporation Limited is a Chinese partially state-owned multinational investment management and financial services company. Founded in China in 1995, CICC provides investment banking, securities and investment management services to corporations, institutions and individuals worldwide.

Hunan Valin Steel Co., Ltd. is a Chinese state-owned company based in Changsha. Founded in 1997, it is primarily engaged in the smelting, manufacture and sale of iron and steel products, as well as nonferrous metal products. As of 8 November 2016, the company was a constituent of SZSE 1000 Index but not in SZSE Component Index. With a market capitalization of $2.3 billion in May 2015, the company was ranked #1,858 on Forbes Global 2000 list.

<span class="mw-page-title-main">Wanda Group</span> Chinese conglomerate

Wanda Group, or the Dalian Wanda Group (大连万达), is a Chinese multinational conglomerate founded in Dalian, Liaoning and headquartered in Beijing. With regards to the conglomerate's core businesses, the company operates as a private property developer and entertainment company, effectively acting as the owner of Wanda Cinemas and the Hoyts Group line of cinema chains.

<span class="mw-page-title-main">Lei Jun</span> Chinese billionaire entrepreneur (born 1969)

Lei Jun is a Chinese billionaire entrepreneur and philanthropist. He is known for founding the consumer electronics company Xiaomi. As of October 2022, Lei's net worth was estimated at either US$8.1 billion according to the Bloomberg Billionaires Index, making him the 203rd richest person in the world, or at $7.5 billion by Forbes, ranking him 265th worldwide.

<span class="mw-page-title-main">China Everbright Group</span> State-owned enterprise owned by Central Huijin

China Everbright Group is a Chinese state-owned enterprise. Everbright Group was a subsidiary of Central Huijin Investment. The Ministry of Finance of China owned the rest of the stake, which Central Huijin acquired on 8 December 2014.

CSC Financial Co., Ltd. trading as China Securities, is a Chinese investment bank and brokerage firm established by CITIC Securities and China Jianyin Investment in 2005 in a 60–40 ratio, as a successor of bankrupted China Securities Co., Ltd. (CSC). However, the firm now majority owned by Jianyin Investment's parent company Central Huijin Investment and an asset managing subsidiary of Beijing Municipal People's Government.

New China Life Insurance Co., Ltd. also known as New China Insurance (NCI) or Xinhua Baoxian Jituan is a Chinese life insurance company based in Beijing. The Chinese government owns more than half of the shares of the company via sovereign fund Central Huijin, via state-owned enterprise Baosteel Group and a financial service company China Securities Finance.

References

  1. 1 2 3 4 5 6 "Annual Report 2018" (PDF). China Construction Bank Corporation. 27 March 2019. Archived (PDF) from the original on 30 May 2019. Retrieved 29 May 2019.
  2. "SHA:601939 - Google Search". Google.com. Archived from the original on 4 April 2016. Retrieved 4 December 2017.
  3. "The World's Biggest Public Companies". Forbes . Archived from the original on 21 December 2012. Retrieved 6 June 2011.
  4. "China Construction". Forbes . Archived from the original on 25 June 2011. Retrieved 6 June 2011.
  5. "Agricultural Bank of China posts 17.5% rise in 2008 net profit_English_Xinhua". Archived from the original on 28 April 2009. Retrieved 13 June 2009.
  6. "Corporate Profile Archived 2014-02-17 at the Wayback Machine ." China Construction Bank. Retrieved on 27 February 2014. "Address of headquarters:No.25, Finance Street, Xicheng District, Beijing, China, Postcode 100033" - Address in Chinese Archived 27 February 2014 at the Wayback Machine : "总行地址:中国北京西城区金融大街25号邮编:100033"
  7. Roach, Stephen S. (2022). Accidental Conflict: America, China, and the Clash of False Narratives. New Haven: Yale University Press. doi:10.12987/9780300269017. ISBN   978-0-300-26901-7. JSTOR   j.ctv2z0vv2v. OCLC   1347023475.
  8. Barboza, David (22 March 2005). "Lawsuit Involving Bribery Preceded Bank Resignation". The New York Times. Archived from the original on 13 March 2014. Retrieved 18 February 2017.
  9. "Former CCB head jailed for 15 years". Chinadaily.com.cn. Archived from the original on 4 March 2016. Retrieved 4 December 2017.
  10. "More Chinese banks stop transactions with N.Korea - Mubasher". English.mubasher.info. 11 May 2013. Archived from the original on 12 October 2017. Retrieved 18 May 2013.
  11. "Forbes' 13th Annual Global 2000: The World's Biggest Public Companies". Forbes.com. 7 May 2015. Archived from the original on 9 May 2015. Retrieved 9 May 2015.
  12. "The Global 2000 2021". Forbes. Retrieved 3 December 2021.
  13. "China Construction Bank to set up 30b yuan rental housing fund". Businesstimes. Archived from the original on 29 January 2024. Retrieved 29 January 2024.
  14. "The Global 2000". Forbes . Archived from the original on 25 January 2024. Retrieved 29 January 2024.
  15. "Bank of America Newsroom". Newsroom.bankofamerica.com. Archived from the original on 1 June 2008. Retrieved 4 December 2017.
  16. "Bank of America sells $7.3 billion CCB stake: source". Reuters.com. 12 May 2009. Archived from the original on 5 December 2017. Retrieved 4 December 2017.
  17. "Bank of America to sell China bank stake for $8.3 billion". Reuters. 29 August 2011. Archived from the original on 24 September 2015. Retrieved 30 June 2017.
  18. Elzio Barreto, Denny Thomas and Peter Rudegeair (3 September 2013). "Bank of America selling remaining stake in Chinese bank". Reuters. Archived from the original on 24 September 2015. Retrieved 30 June 2017.
  19. "NYSBD Weekly Bulletin 10/3/08". Archived from the original on 14 November 2009. Retrieved 25 November 2008.
  20. "Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received" (PDF). Federalreserve.gov. Archived (PDF) from the original on 1 August 2017. Retrieved 4 December 2017.
  21. "Luxembourg lauds China bank opening in battle for yuan trade". Reuters.com. 29 October 2013. Archived from the original on 5 December 2017. Retrieved 4 December 2017.
  22. China Construction Bank to set up RMB 5 bln health fund Archived 7 July 2011 at the Wayback Machine , Alibaba.com, 5 November 2008
  23. Schaefer, Steve. "China Construction Bank - pg.3". Forbes. Archived from the original on 14 November 2016. Retrieved 14 November 2016.
China Construction Bank
Native name
中国建设银行
Company type Public
ISIN
Industry Financial services
Founded1 October 1954;69 years ago (1954-10-01)
Headquarters,
China
Key people
Wang Hongzhang (Chairman)
Zhang Jianguo (President)
Xin Shusen (Vice President)
Products Finance and insurance, consumer banking, corporate banking, investment banking, investment management, global wealth management, private equity, mortgages, credit cards
RevenueIncrease2.svg CN¥633.77 billion
$175.1 billion (2020) [1] [2]
Increase2.svg CN¥308.16 billion
$44.8 billion (2018) [1]
Increase2.svg CN¥255.63 billion
$37.2 billion (2018) [1]
Total assets Increase2.svg CN¥23.22 trillion
$3.375 trillion (2018) [1]
Total equity Increase2.svg CN¥1.992 trillion
$290 billion (2018) [1]
Owner Government of China
Number of employees
345,971 (2018) [1]
Parent Ministry of Finance
Chinese name
Chinese 中国建设银行股份有限公司