China UnionPay to Issue New Shares to Support International Moves

Banking, Finance and Insurance

Friday, September 05, 2008 23:39:31

	China UnionPay to Issue New Shares to Support International Moves By AMY CHEUNG Published: March 06, 2007 03:46 PM Market sources say that china UnionPay will soon issue new shares, with the aim of bringing in 3 billion Yuan (US$379.75 million) to be put towards strengthening its competitiveness with institutional payment giants, as well as to expand overseas. You are currently reading 38 words of 770 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: finance , China Banking , import , credit , China Securities Journal , currency , EA , consumption , marketing	More Articles in Banking, Finance and Insurance > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > China Reinsurance likely to can HK portion of IPO Banking sector steady despite mortgage risks Standard Chartered offers unsecured loans to Chongqing SMEs Beijing Rural Bank’s Q1 net profit up 38% Shanghai aims to become private equity fund hub Financial innovation urged for China’s shipbuilding industry DBS inks China UnionPay deal

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