China Merchants Bank (stock code: 600036.SH) plans to set up a financial asset investment company with a capital investment of 15 billion yuan.

Zhtng Cijng APP news, China Merchants Bank (600036.SH) announced that the company plans to invest a total of 15 billion yuan to establish a financial asset investment company. Once successfully established, the financial asset investment company will become a wholly-owned subsidiary of the company, with the specific business scope subject to approval by the financial regulatory authorities.