Shares of China's big state-owned banks rose in morning trade on Monday after lenders unveiled recapitalisation plans to ...

(Bloomberg) -- China’s Finance Ministry will inject $69 billion into four of the nation’s largest state banks via share placements, following through on a pledge to beef up capital buffers.

including how it plans to spur consumption and achieve technological breakthroughs amid geopolitical tensions with the U.S. The new fund comes after Industrial and Commercial Bank of China ...