From Reuters: State-owned China Development Bank (CDB) has completed its conversion into a joint stock company, marking another step in the policy lender’s transformation along commercial lines, the bank said on Monday.

A ceremony to mark the creation of China Development Bank Corp, a new shareholding company with limited liability, was held in Beijing on Monday, the bank said in a statement published on its website (www.cdb.com.cn), confirming what banking sources earlier said….. Full Article: Source