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Harbin Bank agrees to sell asset portfolio to Chengyin Asset for RMB 92.96 billion
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Harbin Bank agrees to sell asset portfolio to Chengyin Asset for RMB 92.96 billion
  • Harbin Bank agreed on Oct. 30, 2026, to sell an asset portfolio to Chengyin Asset for RMB 92.96 billion.
  • Payment comprises RMB 33.99 billion in cash and RMB 58.97 billion in Special-purpose Notes.
  • The Special-purpose Notes carry a 10-year term with annual interest of 1.62%, subject to adjustment by mutual agreement.
  • The portfolio’s net book value is RMB 92.99 billion; the disposal is expected to generate a RMB 26 million loss.
  • Completion remains subject to shareholder approval and other conditions; proceeds will fund asset allocation and repayment of maturing liabilities.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Harbin Bank Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261030-12391063), on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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