{"id":223603,"date":"2010-01-24T18:10:00","date_gmt":"2010-01-24T23:10:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/bank-of-china-plans-huge-share-sale-to-shore-up-reserves-after-lending-binge-2010-1"},"modified":"2010-01-24T18:10:00","modified_gmt":"2010-01-24T23:10:00","slug":"bank-of-china-plans-huge-30-billion-share-sale-to-shore-up-reserves","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/223603","title":{"rendered":"Bank Of China Plans Huge $30 Billion Share Sale To Shore Up Reserves"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4b5cd31c0000000000dc75d2\/china.png\" border=\"0\" alt=\"china\" \/><\/p>\n<p>After stretching itself in an epic, multi-year lending binge, the Bank of China is planning a big share sale to raise cash, deleverage, and up its reservers.<\/p>\n<p>The bank could raise up to <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748703415804575022970226117364.html?mod=WSJ_hpp_sections_markets\">$30 billion according to WSJ<\/a>.<\/p>\n<p>This is a tricky moment for the Chinese financial system. Regulators, who <em>finally<\/em> appear to be getting serious about slowing lending, are hoping to engineer a modest slowdown in hopes of prevent a bubble (though it&#8217;s probably too late).<\/p>\n<p>World markets have been reacting violently, perhaps on the tightening in China, and signs the US is undoing the Wall Street support mechanisms that were build up under the first year of the Obama administration.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/bank-of-china-plans-huge-share-sale-to-shore-up-reserves-after-lending-binge-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/china-and-the-us-dysfunctional-real-estate-bubble-twins-2010-1\">China and the U.S.: Dysfunctional Real Estate Bubble Twins<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/stratfor-predictions-for-the-next-decade-2010-1\">STRATFOR&#8217;S TOP PREDICTIONS FOR THE NEXT DECADE: China Collapse, Global Labor Shortages, New American Dominance<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/rbs-bob-janjuah-china-is-tightening-the-fha-is-tightening-and-the-massachusetts-election-means-massive-fiscal-tightening-2010-1\">China Is Tightening, The FHA Is Tightening, And The Massachusetts Election Means Massive Fiscal Tightening<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/Z9dKg9w5drk\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After stretching itself in an epic, multi-year lending binge, the Bank of China is planning a big share sale to raise cash, deleverage, and up its reservers. The bank could raise up to $30 billion according to WSJ. This is a tricky moment for the Chinese financial system. Regulators, who finally appear to be getting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-223603","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/223603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=223603"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/223603\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=223603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=223603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=223603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}