A Research On The List Of China's City Commercial Banks

China's city commercial banks (CCBs)are the general illegal enterprises. They were created by the local city governments, enterprises and urban residents through the active merging and reconstructing of urban credit cooperatives,which aimed to resolve a number of issues and provide services to the local economic enterprise. As an important component of china's banks, CCBs has made important contributions to the development of local economy, they are playing more and more important role in China's financial system and local banking sector. On July 19, 2007, Nanjing banks, Ningbo banks were listed in Shanghai and Shenzhen separately, attracted an unprecedented concern on the regional city commercial banks. Many researchers believe that China's "third-tier" banking segment has been in the listing process. On September 19, 2007, Beijing banks listed on the Shanghai Stock Exchange, became the third listed city commercial banks. In addition, there are nine banks (Bank of Shanghai, and Chongqing City Commercial Bank, Hangzhou City Commercial Bank, etc.)among 114 CCBs cities in China expressed that their intention of listing.Listing is a good way to help to resolve the Chinese city commercial banks'historically deficient, it is good to enhance the management of banks and risk control levels, improve the capital adequacy ratios and contribute to enter a virtuous circle, and maintain the development ,it is obvious that listing can upgrade overall value of the bank. The vice chairman of China Banking Regulatory Commission(CBRC)Cai Esheng had expressed that commercial banks with necessary conditions will be supported to list by CBRC. However, more than 100 city commercial banks are subject too many problems such as the high non-performing assets, geographic limitations and poor capital adequacy to meet listing requirements. Following the liberalization of China's banking sector to foreign investment, the leading CCBs will become the fast-growing by launching the A-share, while the weak banks will be the takeover target or will be merged with other healthier financial institution.Now, it is early to predict that the CCBs has entered into the listing phase. However we believe that listing, invested by foreign strategic investors , merging and reconstructing is becoming an important way to enhance the overall competitiveness of the CCBs with solving the systemic problems.Therefore, to study of China's city commercial banks operating characteristics, competitive advantages, the model used and positive effect gained by the three listed city commercial banks, reveal the demonstration effect on other Chinese city commercial banks and other banks are of great significance. At the same time, it is meaningful both theoretically and realistically to analyze how the three leading listed CCBs further deepen and enlarge the effect of login capital market to get better development.This thesis starts with CCBs overview and ends by the optimized approach of listed CCBs. In the thesis, the writer uses a variety of research tools, such as a combination of the quantitative and the qualitative as well as theory and demonstration. First of all, this thesis briefly describes briefly describes the dynamic domestic research, analyze China's city commercial banks features which categorized as a third-tier group , sum up the reason of all of these factors and point out that a series of restructurings and capital injections in recent years has produced a new group of leading CCBs.In chapter III, the writer take the three cities listed commercial banks as an example, discuss the contribution of listing to the three CCBs, such as the enhancement of capital adequacy ratios, capital structure, corporate governance and inter-regional business. Meanwhile, I analyze the demonstration and incentives effect to the development of China's other banks. In chapter four, the writer focuses on the listing mode selection of CCBs, including the choice of sites listed, listed ways design etc. On the basis of the previous analysis, chapter Five is devoted to the step that how the listed CCBs benefit from the capital market to expand their business and keep positive operation. At last, the writer makes a brief summary on this thesis.