Recent events
Recent events tied to this brand in public sources.
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2022
Commonwealth Bank agrees to transfer Hangzhou Bank shares
Commonwealth Bank agreed to transfer 5% of Hangzhou Bank shares each to Hangzhou City Construction Investment Group and Hangzhou Transportation Investment Group. The transaction was still subject to regulatory approval, exchange confirmation and registration.
2021
China Yintai fined for unreported acquisition
China’s State Administration for Market Regulation fined China Yintai Investment Co., Ltd. RMB 500,000 for acquiring a 34.92% stake in Hangyin Consumer Finance and obtaining joint control without filing the concentration for review. The regulator determined that the transaction violated the Anti-Monopoly Law.