China Minsheng Banking Corporation Limited (CMBC) was established in Beijing on 12 January 1996 as China’s first national joint-stock commercial bank founded primarily by non-state-owned enterprises. It was listed on the Shanghai and Hong Kong Stock Exchanges in 2000 and 2009. CMBC has expanded into a banking group offering commercial banking, financial leasing, fund management, and global investment banking services. On April 8, 2024, its London Branch obtained a banking license from the UK’s Prudential Regulation Authority and Financial Conduct Authority. The branch will support Chinese enterprises going global, aiding their participation in the Belt and Road Initiative’s development.