First Financial to open a second company in China
State-run First Financial Holding Co plans to open its second capital leasing company in China next month to boost earnings from its operations there to at least 1 percent of the group's total pretax income next year, executives said yesterday.
China opened 52 new type rural financial institutions in western areas by the end of June, accounting for 44 percent of the total that newly opened nationwide in the first half year.