Bank of Communications said its property bad loan ratio jumped to 4.99 per cent from 2.8 per cent a year earlier. Read more at straitstimes.com. ( read original story ...)
UPDATE 3-China’s Bank of Communications posts slight profit gain, warns of property risks
Net profits up 0.68% on year in 2023 * NIM at 1.28% end Dec vs 1.30% end-Sept * NPL ratio 1.33% end-Dec vs 1.32% end-Sept (Adds comparison with analysts' estimates, more executives' comments) By Ziyi ... ( read original story ...)
China Stock Market Tipped To Bounce Higher Again On Thursday
(RTTNews) - The China stock market turned lower again on Wednesday, one day after snapping the three-day losing streak in which it had dropped more than 50 points or 1.7 percent. The Shanghai ... ( read original story ...)
VeriSilicon’s complete Bluetooth Low Energy IP solution is fully compliant with LE Audio specification
VeriSilicon (688521.SH) today announced its complete Bluetooth Low Energy (BLE) IP solution has achieved full compliance with LE Audio specification. ( read original story ...)
Shanghai continues boosting advanced industries
While three future industrial pilot zones begin taking shape in the city, Shanghai has been in consistent progress to build an innovative highland of future industries with an output value of 500 ... ( read original story ...)
US law firm Weil exits Beijing, ‘in discussions’ for Shanghai closure
Weil, Gotshal & Manges has become the latest U.S. law firm to retreat from the Chinese market, saying Wednesday it is moving towards ending its presence on the mainland. ( read original story ...)
Mumbai becomes Asian capital with most billionaires, bumping Shanghai: report
The city of Mumbai has officially surpassed Shanghai as Asia’s capital city with the most billionaires, according to a new Hurun Global Rich List 2024 report. Mumbai, India’s financial ... ( read original story ...)