Category: FINANCE

Profit before tax up 13% to HK$115,619m (HK$102,707m in 2016) Attributable profit up 13% to HK$88,530m (HK$78,646m in 2016) Return on average ordinary shareholders' equity of 13.7% (13.0% in 2016) Total assets up 5% to HK$7,943bn (HK$7,549bn at 31 December ... ( read original story ...)

The Dhaka Stock Exchange plans to sell 25% of its shares. On one side is a consortium of the Shenzhen and Shanghai stock exchanges. Ranged against them is a consortium made up of India's National Stock Exchange, Nasdaq of the U.S. and others. The exchange ... ( read original story ...)

But that is where similarities end. The fall in the Shanghai market is not the same as the fall in the Dow, although the increasing exposure to, and integration into the global financial system has exacerbated the fall. The Lunar New Year is a hardy ... ( read original story ...)

FRANKFURT/SHANGHAI (Reuters) – Chinese conglomerate HNA Group has sold part of its stake in Deutsche Bank worth around 300 million euros (£265 million) as it offloads investments to address a liquidity crunch. The reduction from roughly 10 percent to ... ( read original story ...)

SHANGHAI (Reuters) - Chinese conglomerate HNA Group Co Ltd has cut its stake in Deutsche Bank AG to around 8.8 percent, the Financial Times reported on Friday. The British newspaper said HNA initially bought 9.9 percent of Deutsche Bank, but that filings ... ( read original story ...)

SHANGHAI (Reuters) - China’s central bank said on Tuesday it had injected 393 billion yuan ($62.13 billion) into the financial system via one-year medium-term lending facility (MLF) loans. Interest rates for the MLF loans were unchanged at 3.25 percent ... ( read original story ...)

SHANGHAI/FRANKFURT (Reuters) - Chinese conglomerate HNA Group Co Ltd has cut its stake in Deutsche Bank AG to around 8.8 percent, but plans to remain a "significant" investor in the German lender, the asset management company that handles the stake said. ( read original story ...)