Wonderful Sky Financial Group Assists Jinshang Bank Co., Ltd (Stock Code: 2558.HK) with the Successful Listing on HKEx
Jinshang Bank Co., Ltd (Stock Code:2558) was successfully listed and commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”) today.
JINSHANG BANK is the only provincial city commercial bank in Shanxi Province. In 2018, the Bank was ranked 440th among the “Top 1000 World Banks” in terms of tier-one capital as of December 31, 2017 by The Banker, moving up 136 places compared with its ranking in 2017. The Bank ranked first among all city commercial banks in Shanxi Province in terms of total assets, total deposits from customers and total loans to customers as of December 31, 2017. The Bank has established an extensive business network covering Shanxi Province that fully penetrated into regions with strong economic growth. As of December 31, 2018, the Bank had a business network comprising 160 outlets that covered all 11 prefecture-level cities in Shanxi Province.
Mr. Jun Yan, Party Secretary, Executive Director and Chairman of Jinshang Bank Co., Ltd. delivered a speech at the listing ceremony: “The listing of Jinshang Bank in Hong Kong has created another important milestone in the development history of the bank. At this moment, we would like to thank the support of the provincial party committee and the provincial government, thanks to the Hong Kong regulatory authorities, the Hong Kong Stock Exchange for the recognition of Jinshang Bank, and the hard work of various agencies and employees! The listing of Jinshang Bank in Hong Kong will inject strong capital strength into the future development of the bank. The Bank will use this as an opportunity to serve and boost the economic development of Shanxi, build its core competitiveness, become a scientific mechanism with distinctive features and risk control and a well-recognized boutique regional listed bank.“
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