China's Bank of Communications Co Ltd (BoCom) reported a 0.9% rise in 2024 net profit, while warning of margin pressure and bad debt. Profit was 93.586 billion yuan ($12.91 billion) last ... ( read original story ...)
Global banks raise China’s growth forecast, ease bearish yuan views
Global investment banks have raised their projections for China's economic growth and eased bearish views on the Chinese currency, spurred by early signs of economic recovery, though concerns over ... ( read original story ...)
Chinese Stock Market Outpacing U.S. Under Trump
The country's key indexes have seen significant gains in recent weeks fueled by optimism surrounding China's tech sector. ( read original story ...)
Four new financial institutions launched in Shanghai, as China deepens financial opening-up
Four newly established foreign financial institutions, spanning the securities and reinsurance sectors, inaugurated operations in Shanghai on Wednesday. The collective launch, including a securities ... ( read original story ...)
China’s stock rally may see a ‘meaningful correction soon,’ BofA says
Stock markets in Hong Kong and China have posted strong gains in recent weeks amid the bloodbath on Wall Street. ( read original story ...)
Stock market today: Asian shares are mixed after Wall Street falls back ahead of Fed rate decision
Asian shares were mixed Wednesday ahead of a decision on interest rates by the U.S. Federal Reserve. U.S. futures edged higher while oil prices declined. Japan reported that it logged a trade surplus ... ( read original story ...)
Baidu Stock Jumps as Chinese Market Leaves U.S. in Its Dust
China’s shares are on fire and the rally is gathering momentum—in stark contrast to American equities right now. ( read original story ...)