Girish Mahajan (Editor)

China Everbright Bank

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Industry
  
Financial services

Headquarters
  
China

Parent organization
  
Central Huijin Investment

Area served
  
China

Founded
  
1992

China Everbright Bank banksdailycomlogo334gif

Type
  
partial state-owned enterprise

Traded as
  
SSE: 601818 (A ordinary) SSE: 360013 (A preference) SEHK: 06818 (H ordinary)

Key people
  
Tang Shuangning (Charmian and Party Committee Secretary) Zhang Jinliang (CEO and Party Committee Deputy Secretary)

Services
  
Retail and corporate banking

Stock price
  
601818 (SHA) CN„ 4.16 -0.03 (-0.72%)3 Mar, 3:00 PM GMT+8 - Disclaimer

Subsidiaries
  
CEB International Investment Corporation Limited

China Everbright Bank Co., Ltd. is one of twelve Chinese joint-stock commercial bank. It was ranked in 139th in 2016 Forbes Global 2000 publicly held companies. Sister company Everbright Securities ranked 862th.

As of August 2016, it was a constituent of Hang Seng China 50 Index for all Chinese companies among the three stock exchanges of China, as well as a constituent of FTSE China A50 Index among two stock exchanges in mainland China and lastly a constituent of SSE 50 Index of Shanghai. The bank also a constituent of CSI 300 Index (and its sub-index CSI 100 Index) and other indices.

Shareholders

China Everbright Group and its subsidiaries owned 27.97% stake in the bank, Everbright Group's parent company, Central Huijin Investment owned 21.96% stake directly as the second largest shareholder of the bank. Moreover, the directors in the board of Everbright Group that nominated by Central Huijin Investment, were also nominated as the directors of the bank (as part of the shareholders' agreement from the State Council), thus Central Huijin Investment and China Everbright Group were the intermediate parent company of the bank. The ultimate parent company was China Investment Corporation, which was under supervised by the State Council of the People's Republic of China.

References

China Everbright Bank Wikipedia