China Minsheng Bank to raise ¥20b

SHANGHAI, Jan 7 — China Minsheng Banking Corp, the country's seventh-largest lender, plans to raise about ¥20 billion (RM9.42 billion) in a share sale in Shanghai to replenish capital, Bloomberg News reported today. Bloomberg said the company planned to announce the private placement on Friday, citing an unidentified person it said had direct ...