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CDBC News

16
2017-10

Statement on Matters Related to CDB Innovation

Recently, an online investment and wealth management application called “CDB Innovation” was illegally used to commit financial fraud.
25
2017-5

Statement on News Related to UAE-China Joint Investment Cooperation Fund

Recently, caixin.com published a news report titled “Guo Wengui’s Overseas Funding Sources and How Former British Prime Minister Tony Blair Is Involved” (written by: Wang Duan, Yang Yanwen, Li Zengxin, An Ning and Yu Ning). The report contained the descriptions that “Guo raised about USD 3 billion from the royal family of Abu Dhabi, with which he established a series of investment platforms including the UAE-China Fund and the UAE-China Capital”. It also mentioned “the UAE-China Fund jointly invested and managed by Mubadala, a state-owned UAE company, CDB Capital Co., Ltd. and the State Administration of Foreign Exchange (SAFE) of China”. We hereby state that the “UAE-China Joint Investment Cooperation Fund” co-founded by CDB Capital Co., Ltd., Mubadala and SAFE is in no way related to the “UAE-China Fund” established by Guo Wengui as referred to in the said news report. We hereby issue this statement to clarify the fact. China Development Bank Capital Co., Ltd.
06
2017-3

China New Town Lists Shares Delisted from SGX on HKEx

China New Town, a subsidiary of CDBC, listed shares which were delisted from Singapore Exchange (SGX) on Hong Kong Exchanges and Clearing (HKEx). China New Town is a CDBC-controlled company specializing in new town planning and development, which had been listed on both SGX and HKEx. To simplify the shareholding structure, shift focus to the Chinese capital market and rationally allocate resources, China New Town officially initiated the delisting process in Singapore in 2016 and has successfully listed shares delisted from SGX in Hong Kong, leading to positive capital market reaction. Looking into the future, CDBC will support the development of new urbanization and improve the quality and efficiency of investment in new town projects by leveraging its advantages and following the strategy on national supply-side structural reform and development.
09
2017-1

CDBC Organizes Care Package Donation Activity

On January 9, 2017, CDBC donated a “care package” worth RMB 100,000 in kind to 497 students from the Central Primary School and the Wanquansi Primary School in Dongmao Village, Chicheng County, Hebei Province. The two schools are located in the hard-to-reach mountainous areas in the poverty-stricken county designated by the Chinese government, where most of the students live in poverty. CDBC actively organized the care package donation activity to send the students in need winter supplies and greetings as an effort to respond to the national policy of “Improving Livelihood in Promotion of Social Harmony” and carry out CDB’s guidelines on fulfillment of social responsibilities.
30
2016-12

Chairman Hu Huaibang Visits CDBC Before the New Year’s Day

On December 30, 2016, Hu Huaibang, Chairman of CDB, paid a year-end visit to CDBC, accompanied by CDB Vice Presidents Zhou Qingyu and Ding Xiangqun.

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