BEIJING - (CMBC) saw its operating revenue rise 11.16 percent year-on-year in the first half (H1) of 2020, company data showed. The bank's total operating revenue stood at 98.11 billion yuan ($14.3 ... ( read original story ...)
BRIEF-Aurisco Pharmaceutical Files Prospectus For Shanghai IPO
SAYS IT ISSUES PROSPECTUS FOR ITS INITIAL SHARE PUBLIC OFFERING IN SHANGHAI STOCK EXCHANGE Source text in Chinese: bit.ly/3jBdvDl (Reporting by Hong Kong newsroom) Our Standards:The Thomson Reuters ... ( read original story ...)
More Pain Anticipated For China Stock Market
(RTTNews) - The China stock market on Monday ended the two-day winning streak in which it had climbed more than 70 points or 2.1 percent. The Shanghai Composite Index now rests just beneath the ... ( read original story ...)
China central bank says it will improve benchmark interest rate system
China's central bank said on Monday it will make interbank repo rates by depository institutions (DR) a key reference for monetary policy adjustment and financial market price-setting. ( read original story ...)
Bank of Communications net profit down 14.6% in H1
Bank of Communications, one of China's largest commercial banks, posted a year-on-year net profit decline of 14.61 percent in the first half of 2020 (H1) as the COVID-19 epidemic resulted in more bad ... ( read original story ...)
UPDATE 1-China central bank says it will improve benchmark interest rate system
Improving China’s benchmark interest rate system would help build up financial markets, deepen market-based interest rate reforms and improve monetary policy management, the People’s Bank of China ... ( read original story ...)
Japan’s Daiwa gets green light for investment banking in China
Japanese brokerage house Daiwa Securities Group said on Monday that it has received the green light for its plan to launch a majority-owned joint venture in Beijing, a move that indicates Japanese ... ( read original story ...)