China Minsheng Bank Hong Kong launches $5bn note program

China Minsheng Banking Corp., Ltd. Hong Kong Branch is launching a $5,000,000,000 medium term note program. The notes are intended for purchase by professional investors and will be listed on the Hong Kong Stock Exchange. This initiative follows the bank's sustained growth, ranking fifth among listed PRC joint stock commercial banks in terms of total assets as at June 30, 2025, which amounted to RMB7,768.9 billion. For the six months ended June 30, 2025, the group reported a net profit of RMB21.5 billion.

The Hong Kong Branch itself recorded total assets of HK$236,933 million and a net income of HK$1,648 million for the six months ended June 30, 2025. The program underscores the bank's strategic positioning to provide global financial market services to its overseas customers and facilitate Chinese enterprises' international expansion. As at June 30, 2025, the group’s NPL ratio was 1.48%.

The bank continues to expand its business activities, including corporate, retail, and treasury operations. Its corporate loans were concentrated in leasing and commercial services, manufacturing, and real estate, while personal loans focused on micro-lending. The bank also reported RMB1,049,973 million in debt securities issued as at June 30, 2025.