Li Xiaopeng Meets with Vice President of ICBC

2016-11-24

On November 24, 2016 local time, CMG President Li Xiaopeng met in Hong Kong with Hu Hao, Vice President of ICBC.


Li Xiaopeng welcomed the visit of Hu Hao and introduced CMG's business performance and development strategy to him. Li expressed the gratitude of ICBC on increasing shares on CMB and internal restructuring between China Merchants Real Estates and Shekou Industry Zone. He hoped ICBC could continue to support group's other significant projects. Hu Hao appreciated the support of CMG in financing leasing, project loan and liquidity loans to ICBC. Hu pointed out there are great promising cooperation areas in insurance, industry fund and international projects.


 

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CMG, founded in the Westernization Movement in 1872, is a pioneer in China's national industry and commerce. During past 140 years, CMG made a lot of firsts and acted as a leader in different business fields, like setting up the first commercial fleet, bank, insurance company in modern China. CMG plays an important role in economic history and social development history of modern China...

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