China's Hengfeng Bank said to aim listing in five years

China's Hengfeng Bank said to aim listing in five years

Traffic move down the third ring road in Beijing, China, on Monday 15 May, 2017. Photographer: Qilai Shen/Bloomberg

China’s Hengfeng Bank will aim to list in five years after completing a restructuring, state media Xinhua reported a senior bank official as saying, part of government efforts to support indebted smaller banks.