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China’s Harbin Bank eyes RMB 8 billion offshore preference shares
By Marisa Wong
Morgantown, W.Va., Dec. 15 – Harbin Bank Co., Ltd. is proposing to issue up to RMB 8 billion of offshore preference shares to replenish its additional tier 1 capital, according to a company announcement.
The issuance is subject to shareholders’ approval.
The bank is based in Harbin, China.
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