Investments
43Portfolio Exits
8Partners & Customers
9About China Merchants Bank
China Merchants Bank (SEHK: 3968) (SSE: 600036) is a joint-stock commercial bank that focuses on the Chinese domestic market. The Company provides customers with various corporate and retail banking products and services and conducts treasury activities for proprietary purpose and on behalf of its customers. In respect of corporate banking business, the Company offers a variety of services to customers, which include corporate loans, settlements and custody etc. Leveraging advanced IT support, China Merchants Bank diversifies its service channels by developing and upgrading e-banking services, phone banking services, mobile banking services and Palm banking services. Customers can thus enjoy quicker and more convenient services from the bank.
China Merchants Bank Headquarter Location
China Merchants Bank Tower No. 7088 Shennan Boulevard
Shenzhen, Guangdong,
China
China Merchants Bank Web Traffic
China Merchants Bank Rank
Latest China Merchants Bank News
Jan 18, 2022
China Merchants Bank-backed SPAC files first application under new Hong Kong rules 18 Jan 2022 10:14AM (Updated: 18 Jan 2022 10:29AM) HONG KONG : A SPAC backed by China Merchants Bank applied to list in Hong Kong late on Monday, the first company to do so since new rules allowing such listings took effect at the start of this year. Interest in SPACs - special purpose acquisition companies that raise cash to buy private firms and take them public without a traditional initial public offering (IPO) - is starting to shift to Asia, with two SPACs set to list in Singapore later this month. Monday's filing was by Aquila Acquisition Corporation, whose ultimate parent is China Merchants Bank. The filing said Aquila is target acquiring "a technology-enabled company in 'new economy' sectors (such as green energy, life sciences and advanced technology and manufacturing) in Asia, with a focus on China." Hong Kong changed its rules to allow SPACs late last year, and the rules took effect on Jan 1. (Reporting by Alun John. Editing by Gerry Doyle) Source: Reuters
China Merchants Bank Investments
43 Investments
China Merchants Bank has made 43 investments. Their latest investment was in Princeton Digital Group as part of their Debt on April 4, 2021.
China Merchants Bank Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
4/16/2021 | Debt | Princeton Digital Group | $230M | Yes | 3 | |
3/23/2021 | Series C | EpimAb Biotherapeutics | $120M | Yes | 9 | |
2/9/2021 | Line of Credit | WM Motor | $1,787.12M | Yes | 1 | |
1/25/2021 | Line of Credit | |||||
12/11/2020 | Series A - II |
Date | 4/16/2021 | 3/23/2021 | 2/9/2021 | 1/25/2021 | 12/11/2020 |
|---|---|---|---|---|---|
Round | Debt | Series C | Line of Credit | Line of Credit | Series A - II |
Company | Princeton Digital Group | EpimAb Biotherapeutics | WM Motor | ||
Amount | $230M | $120M | $1,787.12M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 3 | 9 | 1 |
China Merchants Bank Portfolio Exits
8 Portfolio Exits
China Merchants Bank has 8 portfolio exits. Their latest portfolio exit was GST Clinics on December 10, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
12/10/2021 | IPO | 1 | |||
Date | 12/10/2021 | ||||
|---|---|---|---|---|---|
Exit | IPO | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 |
China Merchants Bank Partners & Customers
9 Partners and customers
China Merchants Bank has 9 strategic partners and customers. China Merchants Bank recently partnered with Wolters Kluwer on July 7, 2019.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
7/18/2019 | Vendor | Wolters Kluwer | Netherlands | China Merchants Bank selects Wolter Kluwer's OneSumX for regulatory reporting in the US China Merchants Bank has chosen Wolters Kluwer 's OneSumX for Regulatory Reporting to provide its regulatory reporting software in the U.S. | 1 |
12/13/2017 | Partner | ||||
12/23/2014 | Partner | ||||
9/16/2013 | Partner | ||||
7/10/2013 | Partner |
Date | 7/18/2019 | 12/13/2017 | 12/23/2014 | 9/16/2013 | 7/10/2013 |
|---|---|---|---|---|---|
Type | Vendor | Partner | Partner | Partner | Partner |
Business Partner | Wolters Kluwer | ||||
Country | Netherlands | ||||
News Snippet | China Merchants Bank selects Wolter Kluwer's OneSumX for regulatory reporting in the US China Merchants Bank has chosen Wolters Kluwer 's OneSumX for Regulatory Reporting to provide its regulatory reporting software in the U.S. | ||||
Sources | 1 |
China Merchants Bank Team
1 Team Member
China Merchants Bank has 1 team member, including former Senior Vice President, Frederick Yip.
Name | Work History | Title | Status |
|---|---|---|---|
Frederick Yip | Senior Vice President | Former |
Name | Frederick Yip |
|---|---|
Work History | |
Title | Senior Vice President |
Status | Former |