Chinese Banks Raising Capital

Reuters: China banks come back for more capital as bad loans pile up
Mounting bad loans are running down Chinese banks' capital buffers, forcing them to turn to investors for fresh funds despite raising a record amount last year.

Commercial banks are issuing expensive preference shares as well as convertible and perpetual bonds to shore up their capital bases, even after 2014's bumper issuance when lenders raced to meet new regulatory requirements.

From a year ago: China Banks May Need to Raise $200 to $500 Billion to Cover Bad Debts thru 2018

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