All Entries in the "China Development Bank" Category

CDB Launches Securities Unit

China Development Bank (CDB), one of China’s main policy banks, launched its securities unit CDB Securities on Wednesday August 25 with registered capital of 2.37 billion yuan ($350 million). CDB recently received approval from the China Securities Regulatory Commission (CSRC) to acquire Stockfly Securities, a small brokerage firm, which was previously owned by state-owned aircraft [...]