China is banking on billions to boost its overall economy. The country’s four largest state-owned banks announced plans to raise a combined $72 billion through private placements from investors. Private placements refer to the sale of stock shares or bonds to investors and institutions, rather than to the public.
China to Beef Up Biggest Banks to Boost Economy | Business Matters (March 31)
China to Beef Up Biggest Banks to Boost Economy | Business Matters (March 31)
Mar-31-2025