China Merchants Bank Co., Ltd. http://www.alacrastore.com/company-snapshot/China_Merchants_Bank_Co_Ltd-1088948 Saturday, August 30, 2008 8:42:05 AM 1088948 China Merchants Bank Co., Ltd. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/bir/1205479bir/1205479normChina Merchants Bank Company Ltd.ChinaFinance: Commercial banking.60215221109IM6000368/30/2008 6:15:10 AM1205479Company Profiles & FinancialsGale Company ProfilesCHINA - China Merchants Bank Co Ltd planned to acquire a ##.#% interest in Tibet Autonomous Region Trust & Investment Co, a financial services provider. The transaction was approved by the board of directors.8/22/2008 11:30:33 AM16948Z88755A16948Z88755AChina Merchants Bank Co LtdTibet Autonomous Region Trust & Investment CoChina Merchants Bank Co LtdTibet Autonomous Region Trust & Investment Cohttp://www.alacrastore.com/storecontent/Thomson_M%26A/China_Merchants_Bank_Co_Ltd_acquires_Tibet_Autonomous_Region_Trust-2005852040sdc/20058520402005852040Copyright © 2008, Thomson Financial, All Rights ReservedShanghaiCommercial Banks, Bank Holding CompaniesChinaBanks6000FFForeignPublic6000366000:Banks6099:Functions related to depository banking, nec6000:Banks6099:Functions related to depository banking, necInvestment & Commodity Firms,Dealers,ExchangesChinaInvestment advice6282FFForeignPrivate280243002BankPvd financial svcsUnspecifiedStock1035710001Aug 22 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.0000021.00000China Merchants Bank Co Ltd,located in Shenzhen, China,accepts deposits andremittances. Deposits includeshort term, medium term andlong term deposits, notesdiscounts, and bank debentureissuance. Remittances includeimport and export remittance,international clearing andother remittances. Otheractivities include foreignexchanging services, dealingwith securities and trading ofstocks, acting as agent onissuance, underwriting andtrading government bonds andprovides safety deposit box.The Group's operations arecarried out in China. Thecompany was founded in 1987.China Merchants Bank Co Ltd, located in Shenzhen, China,accepts deposits and remittances. Deposits include shortterm, medium term and long term deposits, notes discounts,and bank debenture issuance. Remittances include import andexport remittance, international clearing and otherremittances. Other activities include foreign exchangingservices, dealing with securities and trading of stocks,acting as agent on issuance, underwriting and tradinggovernment bonds and provides safety deposit box. TheGroup's operations are carried out in China. The company wasfounded in 1987.China Merchants Bank Co Ltd, located in Shenzhen, China, accepts deposits and remittances. Deposits include short term, medium term and long term deposits, notes discounts, and bank debenture issuance. Remittances include import and export remittance, international clearing and other remittances. Other activities include foreign exchanging services, dealing with securities and trading of stocks, acting as agent on issuance, underwriting and trading government bonds and provides safety deposit box. The Group's operations are carried out in China. The company was founded in 1987.1.000002.000003.000004.00000Tibet Autonomous Region Trust& Investment Co is a financialservices provider,headquartered in China.Tibet Autonomous Region Trust & Investment Co is a financialservices provider, headquartered in China.Tibet Autonomous Region Trust & Investment Co is a financial services provider, headquartered in China.0.000000.000000.000000.00000N18 Aug 08Mon, 18 Aug 2008 00:00:00 ESTDate Announced: 08/18/2008Date Effective:Acq. Maj. Int.Friendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.000000.000000.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.0000060.500000.000000.000000.000000.000000.000000.000000.000000.0000041820.830000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.00000CHINA - China Merchants BankCo Ltd planned to acquire a60.5% interest in TibetAutonomous Region Trust &Investment Co, a financialservices provider. Thetransaction was approved bythe board of directors.CHINA - China Merchants Bank Co Ltd planned to acquire a 60.5% interest in Tibet Autonomous Region Trust & Investment Co, a financial services provider. The transaction was approved by the board of directors.CHINA - China Merchants Bank Co Ltd planned to acquire a 60.5% interest in TibetAutonomous Region Trust & Investment Co, a financial services provider. The transactionwas approved by the board of directors.CHINA - China Merchants Bank Co Ltd planned to acquire a 60.5% interest in Tibet Autonomous Region Trust & Investment Co, a financial services provider. The transaction was approved by the board ofdirectors.CHINA - China Merchants Bank Co Ltd planned to acquire a 60.5% interest in Tibet Autonomous Region Trust & Investment Co, a financialservices provider. The transaction was approved by the board of directors.Pending0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Pending-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000006282:Investment advice6289:Security and commodity services, nec6726:Investment offices, nec280243002ShanghaiChina6000ForeignPublic6000366282:Investment advice6289:Security and commodity services, nec6726:Investment offices, nec1035710001China6282ForeignPrivate0.000000.000000.000000.00000Deal InformationThomson Financial Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/fitch/394828_report_framefitch/394828_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.China Merchants Bank Co., Ltd.803604367/30/2008 10:15:00 AM01010100165Credit Update600036394828_report_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/fitch/427032_pr_framefitch/427032_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.China CITIC Bank Corporation LimitedChina Merchants Bank Co., Ltd.China Minsheng Banking Corp Limited8036043480360436803604387/24/2008 10:22:00 AM0101010085Press Release600016600036601998427032_pr_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/moodys/PR_156607_600017967moodys/PR_156607_600017967htmlGlobal Credit Research Announcement # JUN #### Announcement: Wing Lung Bank Limited Moody's affirms Wing Lung Bank's ratings at A# / P-# Hong Kong, June ##, #### -- Moody's Investors Service has affirmed the A# / Prime-# deposit ratings...6/4/2008 1:52:09 AMhtmlWing Lung Bank LimitedChina Merchants BankChina Merchants Bank; Wing Lung Bank Limited600017967600015339150.0000NewsAnnouncementPR_156607_600017967Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_156608_600017967moodys/PR_156608_600017967htmlGlobal Credit Research Announcement # JUN #### Announcement: Wing Lung Bank Limited Moody's affirms China Merchants Bank ratings on acquisition of WLB Hong Kong, June ##, #### -- Moody's Investors Service has affirmed China Merchants...6/4/2008 1:52:09 AMhtmlWing Lung Bank LimitedChina Merchants BankChina Merchants Bank; Wing Lung Bank Limited600017967600015339150.0000NewsAnnouncementPR_156608_600017967Credit & Investment ResearchMoody's Global Credit ResearchHONG KONG - China Merchants Bank Co Ltd (CM) planned to launch a mandatory tender offer to acquire the remaining ##.##% stake, or ###.### mil ordinary shares, which it did not already own, in Wing Lung Bank Ltd (WL), for ###.## Hong Kong dollars (###.### Chinese yuan/$##.### US) in cash per share, or a total value of HK$##.### bil (##.### bil yuan/$#.### bil). Concurrently, CM agreed to acquire acquire a ##.##% interest, or ###.### mil ordinary shares, in WL.6/3/2008 12:09:07 PM16948Z97412L16948Z97412LChina Merchants Bank Co LtdWing Lung Bank LtdChina Merchants Bank Co LtdWing Lung Bank Ltdhttp://www.alacrastore.com/storecontent/Thomson_M%26A/China_Merchants_Bank_Co_Ltd_acquires_remaining_interest_in_Wing_Lung_Bank_Ltd-1982920040sdc/19829200401982920040Copyright © 2008, Thomson Financial, All Rights ReservedShanghaiCommercial Banks, Bank Holding CompaniesChinaBanks6000FFForeignPublic6000366000:Banks6099:Functions related to depository banking, nec6000:Banks6099:Functions related to depository banking, necHong KongCommercial Banks, Bank Holding CompaniesHong KongBanks6000FFForeignPublic0096280243002BankBank (foreign)CashCash OnlyOrdinary Share189896001Jun 3 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.0000021.00000China Merchants Bank Co Ltd,located in Shenzhen, China,accepts deposits andremittances. Deposits includeshort term, medium term andlong term deposits, notesdiscounts, and bank debentureissuance. Remittances includeimport and export remittance,international clearing andother remittances. Otheractivities include foreignexchanging services, dealingwith securities and trading ofstocks, acting as agent onissuance, underwriting andtrading government bonds andprovides safety deposit box.The Group's operations arecarried out in China. Thecompany was founded in 1987.China Merchants Bank Co Ltd, located in Shenzhen, China,accepts deposits and remittances. Deposits include shortterm, medium term and long term deposits, notes discounts,and bank debenture issuance. Remittances include import andexport remittance, international clearing and otherremittances. Other activities include foreign exchangingservices, dealing with securities and trading of stocks,acting as agent on issuance, underwriting and tradinggovernment bonds and provides safety deposit box. TheGroup's operations are carried out in China. The company wasfounded in 1987.China Merchants Bank Co Ltd, located in Shenzhen, China, accepts deposits and remittances. Deposits include short term, medium term and long term deposits, notes discounts, and bank debenture issuance. Remittances include import and export remittance, international clearing and other remittances. Other activities include foreign exchanging services, dealing with securities and trading of stocks, acting as agent on issuance, underwriting and trading government bonds and provides safety deposit box. The Group's operations are carried out in China. The company was founded in 1987.1.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.00000Wing Lung Bank Ltd is a bankheadquartered in Hong Kong.The company's main servicesinclude consumer and corporatenaking, bills payment,securities services,investment and wealthmanagement, insuranceservices, credit cardprocessing, and otherfinancial services. Thecompany was founded in 1933.Wing Lung Bank Ltd is a bank headquartered in Hong Kong. Thecompany's main services include consumer and corporatenaking, bills payment, securities services, investment andwealth management, insurance services, credit cardprocessing, and other financial services. The company wasfounded in 1933.Wing Lung Bank Ltd is a bank headquartered in Hong Kong. The company's main services include consumer and corporate naking, bills payment, securities services, investment and wealth management, insurance services, credit card processing, and other financial services. The company was founded in 1933.0.000000.000000.00000232.19000YHong Kong Dollar02 Jun 08Mon, 02 Jun 2008 00:00:00 ESTDate Announced: 06/02/2008Date Effective:Acq. Rem. Int.Friendly0.000000.000000.000000.000000.00000156.50000Price/Share0.0000017035.6 Hong Kong Dollar17035.6280036337.7530017035.6 Hong Kong Dollar17035.628000.000000.0000020.0560020.0560017035.6280017035.6 Hong Kong Dollar0.12800N1110.105000.000000.000000.000000.000000.000002183.133002183.133000.000000.000000.000000.000000.000000.0000053.1190046.881000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.00000HONG KONG - China MerchantsBank Co Ltd (CM) planned tolaunch a mandatory tenderoffer to acquire the remaining46.88% stake, or 108.854 milordinary shares, which it didnot already own, in Wing LungBank Ltd (WL), for 156.50 HongKong dollars (138.845 Chineseyuan/$20.056 US) in cash pershare, or a total value ofHK$17.036 bil (15.114 bilyuan/$2.183 bil).Concurrently, CM agreed toacquire acquire a 53.12%interest, or 123.336 milordinary shares, in WL.HONG KONG - China Merchants Bank Co Ltd (CM) planned to launch a mandatory tender offer to acquire the remaining 46.88% stake, or 108.854 mil ordinary shares, which it did not already own, in Wing Lung Bank Ltd (WL), for 156.50 Hong Kong dollars (138.845 Chinese yuan/$20.056 US) in cash per share, or a total value of HK$17.036 bil (15.114 bil yuan/$2.183 bil). Concurrently, CM agreed to acquire acquire a 53.12% interest, or 123.336 mil ordinary shares, in WL.HONG KONG - China Merchants Bank Co Ltd (CM) planned to launch a mandatory tender offer toacquire the remaining 46.88% stake, or 108.854 mil ordinary shares, which it did notalready own, in Wing Lung Bank Ltd (WL), for 156.50 Hong Kong dollars (138.845 Chineseyuan/$20.056 US) in cash per share, or a total value of HK$17.036 bil (15.114 bilyuan/$2.183 bil). Concurrently, CM agreed to acquire acquire a 53.12% interest, or 123.336mil ordinary shares, in WL.HONG KONG - China Merchants Bank Co Ltd (CM) planned to launch a mandatory tender offer to acquire the remaining 46.88% stake, or 108.854 mil ordinary shares, which it did not already own, in WingLung Bank Ltd (WL), for 156.50 Hong Kong dollars (138.845 Chinese yuan/$20.056 US) in cash per share, or a total value of HK$17.036 bil (15.114 bil yuan/$2.183 bil). Concurrently, CM agreed to acquireacquire a 53.12% interest, or 123.336 mil ordinary shares, in WL.HONG KONG - China Merchants Bank Co Ltd (CM) planned to launch a mandatory tender offer to acquire the remaining 46.88% stake, or 108.854mil ordinary shares, which it did not already own, in Wing Lung Bank Ltd (WL), for 156.50 Hong Kong dollars (138.845 Chinese yuan/$20.056US) in cash per share, or a total value of HK$17.036 bil (15.114 bil yuan/$2.183 bil). Concurrently, CM agreed to acquire acquire a53.12% interest, or 123.336 mil ordinary shares, in WL.$ 2,183.133 - JP Morgan - Adv0.00000JP Morgan & Co Inc1.00000Intended0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Intended-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000006000:Banks6159:Misc business credit6211:Security brokers, dealers, and flotation companies6399:Insurance carriers, nec6722:Management investment offices, open-end280243002ShanghaiChina6000ForeignPublic6000366000:Banks6159:Misc business credit6211:Security brokers, dealers, and flotation companies6399:Insurance carriers, nec6722:Management investment offices, open-end189896001Hong KongHong Kong6000ForeignPublic00962183.1330017035.628002183.133001110.10500Deal InformationThomson Financial Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/moodys/PR_155417_600045196moodys/PR_155417_600045196htmlGlobal Credit Research Announcement ## MAY #### Announcement: Shenzhen Development Bank Co., Ltd Moody's says Chinese banks' real estate exposures manageable Hong Kong, May ##, #### -- Moody's Investors Service sees a stable outlook...5/16/2008 1:18:17 AMhtmlShenzhen Development Bank Co., LtdChina Everbright BankShanghai Pudong Development BankIndustrial & Commercial Bank Ltd.China CITIC BankGuangdong Development BankAgricultural Bank of ChinaChina Merchants BankBank of CommunicationsChina Construction Bank CorporationBank of China LimitedAgricultural Bank of China; Bank of China Limited; Bank of Communications; ...6000451966000231906000224256000222876000219666000212736000159176000153396000137466000099282125150.0000NewsAnnouncementPR_155417_600045196Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PBC_103739moodys/PBC_103739pdf...Headquartered in Shenzhen, China Merchants Bank (CMB) was ranked sixth among China s commercial banks and largest among non-state joint stock commercial banks in term of total assets at ## Dec ####, according to the PBOC. As at ## Dec ####, the bank s total assets reached RMB ###.#billion (USD ###billion). Established in the late ####s as part of the Chinese government's efforts to introduce commercial banking practices, CMB today offers its customers a wide range of corporate and retail banking pro ducts and services through its branches located and concentrated in China s relati vely affluent regi ons, such as the Yangtze River Delta, the Pearl River De lta and the Bohai Rim, and certain major cities of the country. The bank targets to transform into a retail-focused commercial bank, with a strong emphasis on the credit card market. According to the bank, it had a leading ##% market s hare in the dual-currency credit card market, as at ## December ####. CMB became... Company Profile3/30/2008 8:45:22 PMChina Merchants Bank600015339550.0000SpecialReportpdfChina Merchants BankPBC_103739Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/fitch/370062_report_framefitch/370062_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Agricultural Bank of ChinaBank of Beijing Co., Ltd.Bank Of Communications Company LimitedBank Of ShanghaiChina CITIC Bank Corporation LimitedChina Construction Bank CorporationChina Development BankChina Everbright LtdChina Merchants Bank Co., Ltd.China Minsheng Banking Corp LimitedGuangdong Development BankHua Xia Bank Company Ltd.Industrial and Commercial Bank of China (Asia) LimitedIndustrial Bank Company Ltd.Shanghai Pudong Development Bank Co., Ltd.Shenzhen Development Bank Company Ltd.80360377803604338036043480360435803604368036043780360438803604438036080480361073803611718036203280362034803620358036203780651037838576691/30/2008 10:16:00 AM01010100250Special Report000001016503490939600000600015600016600036601166601169601328601998370062_report_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/moodys/COP_600015339moodys/COP_600015339htmlGlobal Credit Research Credit Opinion ## JUN #### Credit Opinion: China Merchants Bank China Merchants Bank Shenzhen, China Ratings Category Moody's Rating Outlook Stable Bank Deposits Baa#/P-# Bank Financial Strength D+ Contacts Analyst...1/4/2008 2:20:00 AMhtmlChina Merchants BankChina Merchants Bank600015339150.0000NewsCredit OpinionCOP_600015339Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/BS_600015339moodys/BS_600015339htmlBanking Statistics1/2/2008 7:28:28 PMGlobal Credit Research Banking Statistics # DEC #### Banking Statistics: China Merchants Bank China Merchants Bank Download Banking Statistics in .csv format Bank Deposit obligation rating(FC): Baa#/P-# Bank Deposit obligation rating(LC):...China Merchants Bank600015339300.0000AnalysishtmlChina Merchants BankBS_600015339Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/612847spcred/612847normThe latest News from S&P11/13/2007 4:28:22 AMNews100global612847ChinaDiversified BanksAsiaEmerging MarketsGlobal IssuersFinancial InstitutionsSovereignsNewsHONG KONG (Standard&Poor's) Nov. 13, 2007--Standard&Poor's Ratings Services said today that its ratings on China Merchants Bank Co. Ltd. (CMB; BBB-/Positive/A-3) were not immediately affected by the bank's overseas and domestic expansion plans. On Nov. 8, 2007, CMB received approval from the U.S. Federal Reserve to establish a branch in New York, representing the first occasion that a Chinese bank has been allowed to set up a U.S. branch since the founding of the People's Republic of China (A/Positive/A-1) in 1949. On Nov. 9, 2007, CMB announced the purchase of a 10% stake in Taizhou City Commercial Bank (Taizhou Bank), a small lender with a profitable small enterprise banking business based in China's affluent Zhejiang province.CHN40101010 401010 4010 40China Merchants Bank Co. Ltd.374862ASIAEMERGINGNEWSCHN712219China (People's Republic of)111779ASIAEMERGINGPRCH@CHGLOBISSFISOVCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/610807spcred/610807normThe latest Full Report from S&P11/2/2007 3:08:54 AMFull Report400global610807ChinaDiversified BanksAsiaEmerging MarketsGlobal IssuersFinancial InstitutionsFull ReportStrong retail franchise Sound financial profile Systemic importance is likely to result in government support Operating in a market carrying inherently high credit risk Still-developing risk management Mediocre capitalization The ratings on China Merchants Bank Co. Ltd. (CMB) reflect the bank's strong domestic franchise in retail banking and sound financial profile. Implicit government support is also a positive factor. These strengths are tempered by the moderately high banking industry country risk in China, and the bank's still-developing risk management and mediocre capitalization. Standard&Poor's regards CMB as systemically important, despite its small market share. The bank has grown to a sufficient size to have a material knock-on effect on the whole banking system should it face difficulty in honoringCHN40101010 401010 4010 40China Merchants Bank Co. Ltd.374862ASIAEMERGINGFULLGLOBISSFICredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/610808spcred/610808normThe latest Summary from S&P11/2/2007 3:08:54 AMSummary175global610808ChinaDiversified BanksAsiaEmerging MarketsGlobal IssuersFinancial InstitutionsSummaryThe ratings on China Merchants Bank Co. Ltd. (CMB) reflect the bank's strong domestic franchise in retail banking and sound financial profile. Implicit government support is also a positive factor. These strengths are tempered by the moderately high banking industry country risk in China, and the bank's still-developing risk management and mediocre capitalization. Standard&Poor's regards CMB as systemically important, despite its small market share. The bank has grown to a sufficient size to have a material knock-on effect on the whole banking system should it face difficulty in honoring its obligations. To reflect the potential government support, the final ratings on CMB are one notch higher than the standalone ratings on the bank. CMB has established a strongCHN40101010 401010 4010 40China Merchants Bank Co. Ltd.374862ASIAEMERGINGSUMMARYGLOBISSFICredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/fitch/367113_pr_framefitch/367113_pr_framehtmlChina Merchants Bank Co., Ltd.803604368/31/2007 2:12:50 PM0101010075Press Release600036Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.367113_pr_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/fitch/339148_report_framefitch/339148_report_framepdfChina Merchants Bank Co., Ltd.803604368/31/2007 10:16:00 AM01010100150Credit Update600036Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.339148_report_frameCredit & Investment ResearchFitchResearch