AllBright Advises CCB on 1.8 Billion RMB Wealth Management Product2015-01-043769
AllBright recently advised China Construction Bank Shanghai Branch on its Shanghai Fengxian Metro Return-on-Asset Wealth Management Product.
CCB Shanghai will raise 1.8 billion RMB through this no more than 84-month wealth management products to invest in the south line extension project for Shanghai Metro Line 5, which is in Fengxian District, Shanghai. The product can finance Fengxian District’s demand for its first Metro line as well as offer more options for wealth management products.
The Line 5 extension project is part of the “12th Five-Year Plan” of Shanghai’s Metro Line construction. Metro Line 5 will connect to the existing Line 5 at Dongchuan Road, Minhang District and have nine stations – eight of which are newly built stations while the other one is an upgrade project.
AllBright team for the project includes partner Gu Jinqi and associate Zhang Youyou.