China Merchants Bank President Wang Liang: Subsidiary AIC company will be opening soon.

At the Shenzhen International Financial Conference held today, Chairman Wang Liang of China Merchants Bank announced that its financial asset investment company will soon be established. Previously, the China Banking Regulatory Commission approved the establishment of AIC companies for three joint-stock banks, including Industrial Bank, CITIC Bank, and China Merchants Bank, in May, June, and July of this year. On November 16th, the AIC company under Industrial Bank was officially established.