HONG KONG (MarketWatch) -- Chinese banks may have to raise 860 billion yuan ($131 billion) via the sale of shares through 2016 to meet stricter capital rules, according to a report by Bloomberg News, which cited a person with knowledge of estimates from China's financial industry regulator. Chinese lenders will also likely need to raise an additional 1.26 trillion yuan in supplementary capital over the six years, the report cited the unidentified source as saying. The report said its source declined to be named because the calculations have not been made public. The estimates of the capital needed were reportedly compiled in January.
Soure: Marketwatch.com
