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English > Finance&Economy > Finance-Breakingnews>CCB Says Temasek Will Not to Sell Stake

CCB Says Temasek Will Not to Sell Stake

03-31 12:56 Caijing

Full article in Chinese: http://www.caijing.com.cn/2009-03-30/110130498.html

» Singapore state investor Temasek Holdings promised not to cut its stake in China Construction bank, according to Zhang Jianguo, president of the Chinese lender.
» The bank's other overseas investor, Bank of America, cut its stake by 2.4 percent to 16.7 percent in January this year.
» CCB reported a net profit of 92.6 billion yuan in 2008, up 34.1 percent year on year.
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