China banks seen issuing hybrid debt to cope with bad loans, boost capital

In the dark days of July, as investors digested news of China's growth slowdown and grappled with an interbank market liquidity squeeze, Tianjin Binhai Rural Commercial Bank quietly raised 1.5 billion yuan (HK$1.9 billion) in new capital.

via Business feed http://www.scmp.com/business/banking-finance/article/1306564/china-banks-seen-issuing-hybrid-debt-cope-bad-loans-boost