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Tag: banking

Posted on 26/03/2024

China Merchants Bank Gains on Dividend Surprise

China Merchants Bank’s shares rose after the lender surprised with a boost in its dividend ratio while annual earnings came in largely as expected. ( read original story ...)

Posted on 26/03/2024

Stock Market News Today, 03/25/24 – Futures Enter March’s Last Trading Week Lower

U.S. futures trended lower on Monday morning as investors turned their attention to the final trading week of March. Futures on the Nasdaq 100 ... ( read original story ...)

Posted on 26/03/2024

Hong Kong stocks edge up as China Merchants Bank and China Resources Land rally on better-than-expected earnings

Hong Kong stocks edged up to snap a two-day decline as better-than-estimated results from China Merchants Bank and China Resource Land allayed concerns about the strength of corporate earnings. ( read original story ...)

Posted on 25/03/2024

Stock market today: Global shares are mostly lower as investors pin hopes on rate cuts

Global shares were trading mixed on Monday, as investors awaited further indications the Federal Reserve might begin cutting interest rates. France's CAC 40 was virtually unchanged in early trading at ... ( read original story ...)

Posted on 25/03/2024

Renminbi rebounds as China central bank sends strong message of support via fixing

Support for the yuan is vital for its stability this year with the Chinese economy still facing a slew of woes. Read more at straitstimes.com. ( read original story ...)

Posted on 25/03/2024

Citic Securities slides after Shenzhen exchange investigates China’s biggest brokerage over IPO sponsor role

The sell-off follows Shenzhen exchange’s statement that it would take action against Citic for failing to fully clarify issues regarding Liangang Optoelectronic’s IPO prospectus. ( read original story ...)

Posted on 25/03/2024

China’s Financial Markets Regulatory Authority charges Evergrande with padding revenues

The China Financial Markets Regulatory Authority has taken a significant step by filing charges against Evergrande, along with its founder Hui Kayan, ... ( read original story ...)

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