China Construction Bank Corp (0939)

[steven]

http://investor.bankofamerica.com/phoeni...highlight=

Date(s): 11/14/11 7:34 AM

Bank of America Corporation has added a news release to its Investor Relations website.
Title: Bank of America Reaches Agreement to Sell Approximately 10.4 Billion Shares of China Construction Bank; Expects Pretax Gain of Approximately $2.9 Billion

[soros]

The shares now stand at $5.95 compared to $5.50 in November 2011.

[soros]

The CCB shares (0939.HK) have recovered from recent dips back to $5.94 level today. The china bank shares must be cheap now after a sell-out of interests held by major international banks on concerns about future growth of china economy.

[cyclone]

Chinese Bank Offered Clients Chance to Dine With Trump for $150,000

Bloomberg News
May 18, 2018, 10:58 AM GMT+8

China’s second-largest state-owned bank offered wealthy clients the opportunity to have dinner with the American president for $150,000 a ticket, spurring a complaint from Donald Trump’s re-election campaign to the U.S. Department of Justice.

A branch of China Construction Bank Corp. invited high-net-worth clients willing to pay the ticket price to a May 31 dinner in Dallas, according to an invitation seen by Bloomberg News and confirmed with bank staff. Chinese participants would have the opportunity to communicate with U.S. “tycoons,” take photos with Trump and get his autograph, according to the invitation.

While Trump was expected to host a $50,000-a-head fund-raising dinner with the Republican National Committee in Dallas that night, it’s illegal for U.S. political campaigns to accept donations from foreign nationals or from corporations. Bank customers with U.S. passports would be eligible to attend.

More details in https://www.bloomberg.com/news/articles/...m-campaign