② China Merchants Bank was established in Shekou, Shenzhen, 1987. It is a subsidiary of China Merchants Group, the first joint-stock commercial bank wholly controlled by an enterprise legal person in China and the fifth largest bank in China.
③ China Merchants Bank is located in Futian District, Shenzhen. On April 9, 2002, China Merchants Bank A shares were listed on the Shanghai Stock Exchange. On September 8, 2006, China Merchants Bank began its public offering in Hong Kong, issuing about 2.2 billion H shares and raising HK$ 20 billion. It was listed on the Hong Kong Stock Exchange on September 22. The net capital exceeds 290 billion, and the total assets exceed 4.4 trillion. [4][3][ 16][ 17] As of the first half of 20 17, China Merchants Bank had more than 1800 domestic and overseas branches, set up service outlets in more than 30 cities in Chinese mainland/kloc-0, and had 5 overseas branches and 3 overseas representative offices. In addition, China Merchants Bank also wholly owns CMB Financial Leasing Co., Ltd. and holds China Merchants Fund Management Co., Ltd., holding 50% equity of China Merchants Cigna Life Insurance Co., Ltd. and 50% equity of Zhaolian Consumer Finance Company; Wing Lung Bank Limited and CMB International Financial Holdings Limited are wholly-owned companies in Hong Kong.
Products and services of China Merchants Bank: ①. Debit card: divided into one card and golden sunflower card, its functions include fixed current, multiple deposits, multiple currencies and multiple functions. 2. Credit card: a credit card in the form of chip and magnetic stripe, which has all functions such as overdraft and integral. 3. Golden sunflower financial management: a comprehensive financial management service system for high-end individual customers, covering liabilities, assets, intermediary business, financial consultants, etc. 4. China Merchants Cigna: China Merchants Cigna Asset Management Company will become the fourth foreign-funded insurance asset management company after being approved for construction.