How to buy China Minsheng Banking (CGMBF) shares | guide with steps

china minsheng bankingchina minsheng banking

China Minsheng Banking Corp., Ltd. provides a variety of financial products and services to individuals, small and micro businesses, corporate clients, government agencies, and financial institutions in the People’s Republic of China. The company operates through the Corporate Banking, Retail Banking and Others segments. Its deposit products include savings accounts, certificates of deposit, contracted deposits, agreed deposits, demand deposits, corporate term deposits and corporate current deposits. The company also offers mortgages for personal housing, individual car purchases, household composite consumption, medium and long-term and short-term working capital loans; microcredit products for individuals; debit and credit cards; and safe deposit boxes. Besides, provides payment and collection services, and clearing, as well as internet, mobile and telephony banking services. In addition, the company offers gross settlement; salary distribution agency and letter of guarantee; cash management; commercial financing; industrial chain financing; individual currency settlement, currency remittances, traveler’s notes, collection, individual certificate of deposit and guarantee letter products; and comprehensive services for granting credit, liquidation and sale of foreign currency, investment in financial products and fiduciary financing. In addition, it provides convenient finance, investment banking, and asset management services, as well as non-financial services in the areas of education, business travel, travel, art, luxury living, health, clubs, and sports. The company has approximately 140 branch-level institutions, 1,178 points of sale, 1,106 community sub-branches, and 138 small business sub-branches. China Minsheng Banking Corp., Ltd. was founded in 1996 and is headquartered in Beijing, People’s Republic of China.

Chart and price of China Minsheng Banking (OTC) company

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China Minsheng Banking Corp., Ltd.

CGMBF

Banks Regional

Financial Services


www.cmbc.com.cn

86 10 5856 0975

Basic information

How to buy China Minsheng Banking (CGMBF) shares | guide with steps

Are you interested in obtaining China Minsheng Banking (CGMBF) shares in OTC safely and through an officially regulated broker? Do you like the fact of being able to invest your monthly savings and extract capital gains in the stock market? Today I am going to show you how you can register with degiro , a reliable German investment bank with low commissions, and how you will be able to obtain shares in the company China Minsheng Banking Corp., Ltd. (CGMBF) (CGMBF) from quick and simple way.

The method to follow is very intuitive :

  • First of all, we will register in degiro, an interface where we can buy shares of China Minsheng Banking Corp., Ltd. (CGMBF) with the ticker (CGMBF).
  • Now we will add money and thus be able to make the 1st investment.
  • As soon as we see the funds, we will proceed to locate the China Minsheng Banking company by its TICKER, which is CGMBF.
  • Then we only have to add the number of shares that we are going to obtain, the price and the type of order.

This checklist may have been brief for you, so we are going to see the entire procedure with images:

Tutorial – How to register with DEGIRO

As a first step we will register in DEGIRO in the following link :

buy shares of China Minsheng Banking Corp., Ltd. (CGMBF)comprar acciones de China Minsheng Banking Corp., Ltd. (CGMBF)

It will ask us for an email, a username and a password to enter, and then we must continue with the link that they have sent us by mail.

Soon Degiro will ask us for information of interest to be able to check our document . We need to have on hand our passport number, ID or driving document, mobile or cell phone and the bank account number that we will place to make our 1st deposit. If you do not understand what this format is like, you can check this simple step-by-step that we have prepared at Educacep .

stock China Minsheng Bankingstock China Minsheng Banking

Once our account is credited, we can enter money from the Enter / Withdraw tab. We can make a transaction that will take between 1-2 days, or make the deposit quickly using Sofort, a truly secure and reliable payment gateway.

bank transfer China Minsheng Bankingtransferencia bancaria China Minsheng Banking

How to buy China Minsheng Banking (CGMBF) shares through DeGiro

When we have the money we will be able to buy our first share. You can use the “Place Order” button in the right corner or use Degiro’s search engine and paste the ticker. In the following image you will find that I have used the Amazon Ticker but you have to write (CGMBF), the China Minsheng Banking ticker. Since we are talking about an action, we will detect that the related tickers are listed and there we will see find China Minsheng Banking. The most fundamental thing is that the ticker, the name of the action and the market in which it is listed coincide. Amazon is listed on NASDAQ (NDQ) and in your case China Minsheng Banking Corp., Ltd. (CGMBF) is listed on OTC. This step is very essential so do not make a mistake.

american stock bb China Minsheng Bankingbolsa americana bb China Minsheng Banking

When placing the order we must pay special attention to what I am going to explain to you now . We can proceed to place a limit or market order. Think you plan to buy a share of China Minsheng Banking, but its price today is more prominent. With a limit order we are going to put the value at which we want to make the purchase and until there are no shares selling at this price, the acquisition of the share will not be executed. With a market order DEGIRO will buy the number of shares that we have indicated at the current selling price, which would be very close to the actual trading price.

market price order China Minsheng Banking Corp., Ltd. (CGMBF)orden a precio de mercado China Minsheng Banking Corp., Ltd. (CGMBF)

In any circumstance it is important that you pay attention to the type of position: fixed or of the day . To give an example, in Spain, the stock market price is in the morning until 1:00 p.m., and in the US it coincides with the afternoon schedule in Spain. If the order is fixed, it will remain until the point where it can be executed, but if you select the “of the day” option, at the end of the trading day, if it had not been executed, it will be removed from your Activity panel – Orders in process.

I want this detailed tutorial to have helped you to buy shares in China Minsheng Banking.

  Company information
  • Address of China Minsheng Banking Corp., Ltd. (CGMBF): China Minsheng Bank Building Xicheng District No. 2 Fuxingmennei Avenue Beijing 100031 China 86 10 5856 0975 – Website: http://www.cmbc.com.cn
  • Ticker: CGMBF
  • Industry: Unknown
  • Industry: Banks
  • Number of employees: 59,262
  • Listed market: OTC

key executives

Name Title Salary exercised Year of birth
Mr. Yingxin Gao Exec. President 347.12k N/A 1962
Mr. Wanchun Zheng Vice President, President and Deputy Sec. 644.83k N/A 1964
Ms Dan Bai Chief Financial Officer and Joint Venture Sec. N/A N/A 1963
Ms. Bin Li Exec. Vice president N/A N/A 1967
Mr. Yunshan Lin Exec. Vice president N/A N/A 1970
Mr. Jie Shi Exec. Vice president N/A N/A 1965
Mr. Yuebo Zhang Audit Director N/A N/A 1962
Mr. Qinghua Hu Exec. Vice president N/A N/A 1963
Ms. Qiong Chen Exec. Vice president N/A N/A 1963
Mr. Guijun Yuan Exec. Vice President and Executive Director N/A N/A 1963

Recent events of :

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