China Merchants Bank (03968.HK): China Merchants Financial Asset Investment approved for business opening.

Intelligence Finance and Economics APP news, China Merchants Bank (03968.HK) issued an announcement that the company has received the "Reply on the Establishment of Zhaoyin Financial Asset Investment Co., Ltd. by the China Banking Regulatory Commission" (Jinfu [2025] No. 667). According to the above reply, the establishment of Zhaoyin Financial Asset Investment Co., Ltd. is approved, and the company will follow relevant regulations and procedures to go to the market supervision department to handle the industrial and commercial registration procedures, obtain the business license of the enterprise legal person, and proceed with the opening work of Zhaoyin Financial Asset Investment Co., Ltd. after all preparations are ready according to the relevant regulations.