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Tag: banking

Posted on 31/08/2020

Week In Review: Antengene Approved By Hong Kong Exchange For $200 Million IPO

Antengene, a three-year old Shanghai startup originally backed by Celgene, will conduct a Hong Kong IPO that is expected to raise $200 million. ( read original story ...)

Posted on 30/08/2020

China’s top bank ICBC posts 11.4% fall in first-half profit, worst since 2006

Industrial and Commercial Bank of China (ICBC),, the world's largest commercial lender by assets, said its net profit fell 11.4% in the first half, the biggest drop in the January-June profit since ... ( read original story ...)

Posted on 30/08/2020

Bank of China first-half profit falls 11.5%, steepest H1 fall since market debut

BEIJING/SHANGHAI (Reuters) - Ltd (BoC), the country's fourth-biggest lender by assets, on Sunday posted an 11.5% fall in first-half net profit, the steepest drop for the January-June period since its ... ( read original story ...)

Posted on 30/08/2020

UPDATE 1-China Construction Bank posts 10.7% profit fall, biggest since 2005

China Construction Bank Corp (CCB) , the country’s second-largest lender by assets, on Sunday posted a 10.7% fall in first-half profit, the biggest January-June decline since its market debut in 2005. ( read original story ...)

Posted on 30/08/2020

China Construction Bank posts 10.7% H1 profit fall

China Construction Bank Corp (CCB) , the country's second-largest lender by assets, posted on Sunday a 10.7% fall in first-half profit, the biggest profit decline during Jan-June period since its ... ( read original story ...)

Posted on 30/08/2020

As IPO Looms, All You Need to Know About Jack Ma’s Ant Group

Billionaire Jack Ma’s Ant Group is poised to pull off what could be the biggest initial public offering ever by simultaneously listing in Hong Kong and Shanghai. It’s said to be gunning for a ... ( read original story ...)

Posted on 29/08/2020

Hong Kong is the key to unlock China’s stocks, where global funds may in time own 25 per cent of market value, Charles Li says

The potential growth, from the current status where global capital via Hong Kong makes up low single digits percentage of China’s stock market, could translate to further upside for the operator of ... ( read original story ...)

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