Finance

Wing Lung Bank became a member of China Merchants Bank Group in 2008 and subsequently a wholly-owned subsidiary of the Group in 2009.

Reinforced competition –

1) follow the creation of a strong company – improve market efficiency within those industry

2) at the outset, force other to enter and out of fear of being marginalized in a changed ( )

3) The competition would eliminate small and underdeveloped one incapable of satisfying high standards compelled by the competition.

4) Raise or drop (antitrust), if raise its dominant position could be successfully balanced by competition on the others part of company around the world.

Consolidation –

1) Enhance the effectiveness of supervision and prevention of those activities that can be hidden under conflicting national rules and uncoordinated actions of that country regulators.

2) Enhance integrity and transparency of (which market) by reducing cross-border insider trading and market abuse

loose monetary policy

a proactive fiscal policy

Geographical segments

The major outlets of the Company are located in relatively affluent regions and some large cities in other regions in

China. The following table sets forth the segment results of the Company by geographical segments in the periods

indicated.

Business segments

The main businesses of the Group are corporate banking, retail banking and treasury business. For more information

about the products and services of the respective main businesses, please refer to section headed “Business

Operations”. The following table sets forth the operating results of the business segments of the Group for the

period indicated.

The Company provides retail customers with diversified retail banking products and services, including retail

loans, deposits, debit card, credit card, wealth management services, investment services, agency sale of

insurance products and fund products, forex trading, and foreign exchange service, of which...