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China s Minsheng bank suffers in Evergrande real estate debt crisis

Once hailed as the future of Chinese banking, Minsheng has been one of the biggest casualties of the country’s real estate debt crisis.

Hong kongLiu yonghaoDong wenbiaoShen mengLu zhiqiangGao yingxinChina fortune land developmentSichuan languang developmentMr lu china oceanwide holdingsChina merchants bankTahoe groupPing an bankChanson coWhile minshengChina oceanwide holdingsBloomberg world banks

World s worst-performing bank lent billions to China Evergrande

Battered by mounting losses on loans to developers including China Evergrande Group, China Minsheng Banking Corp. saw their stocks tumble 31% in the 12 months through last week.

Hong kongLiu yonghaoDong wenbiaoShen mengLu zhiqiangGao yingxinSichuan languang development coChina merchants bankPing an bankPing an bank coTahoe group coJpmorgan chase coChina ltdChina fortune land development coChina minsheng banking corpChina evergrande group

World s worst-performing bank lent billions to China Evergrande

Battered by mounting losses on loans to developers including China Evergrande Group, Minsheng’s stock tumbled 31% in the 12 months.

Hong kongLiu yonghaoDong wenbiaoShen mengLu zhiqiangGao yingxinSichuan languang development coChina merchants bankPing an bankPing an bank coTahoe group coJpmorgan chase coChina ltdChina fortune land development coChina minsheng banking corpChina evergrande group

World s worst-performing bank lent billions to China Evergrande

This isn’t the first time Minsheng has faced a reckoning after a period of rapid growth.

Hong kongLiu yonghaoDong wenbiaoShen mengLu zhiqiangGao yingxinSichuan languang development coChina merchants bankPing an bankPing an bank coTahoe group coJpmorgan chase coChina ltdChina fortune land development coChina minsheng banking corpChina evergrande group

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