SHANGHAI (Dow Jones) - Citigroup Inc. said Monday it has sold its entire 2.71% equity stake in Shanghai Pudong Development Bank, which will result in an after-tax gain of approximately $349 million.
HONG KONG, Nov. 4, 2025 /PRNewswire/ -- XTransfer, World's Leading B2B Cross-Border Trade Payment Platform and Shanghai Pudong Development Bank Co Ltd., Hong Kong Branch, jointly announced a ...
LONDON - Shanghai Pudong Development Bank Co., Ltd., London Branch, has announced the publication of a drawdown offering circular related to the issuance of $400 million in floating rate Green Bonds, ...
SHANGHAI, China – U.S. financial services giant Citigroup Inc. said Tuesday it plans to increase its stake in China’s Shanghai Pudong Development Bank to 19.9 percent, the maximum legal holding for a ...
Shanghai, Aug. 20 -- Citigroup Inc. is in talks to buy as much as 8.26 percent of Shanghai Pudong Development Bank Co. for about 1.4 billion yuan ($170 million), a person familiar with the talks said.
Shanghai Pudong Development Bank Co has become the first Chinese lender to issue bonds to fund real estate acquisitions, as Beijing eases some policies to aid cash-strapped developers. SHANGHAI, Jan ...
Shanghai Pudong Development Bank Co., part owned by Citigroup Inc., said it raised 15 billion yuan ($2.2 billion) in a private placement to replenish capital depleted by credit growth. Pudong Bank ...
BEIJING--Shanghai Pudong Development Bank Co. said Tuesday it is considering a possible acquisition of a stake in state-owned Shanghai Trust. The bank said in a filing to the Shanghai Stock Exchange ...
Bill Deng, Founder and CEO of XTransfer (From the Left), and Zhu Jun, Deputy Chief Executive Officer of Shanghai Pudong Development Bank Co. Ltd., Hong Kong Branch (From the Right) witnessed the ...