Minsheng Shareholders Approved Fund Venture with RBC

The Wall Street Journal, 15 January 2007China's securities regulator has approved China Minsheng Banking Corp.'s plan to issue as many as 3.5 billion Class A shares via a private placement, a bank official said yesterday, boosting the bank's dwindling capital base and possibly enabling its largest foreign shareholder, Singapore's Temasek Holdings Pte., to increase its stake.The share sale could