Agricultural Bank of China Ltd (AgBank) reported a 1.63% fall in first-quarter net profit on Monday. Net profit for the three months ended March totalled 70.39 billion yuan ($9.71 billion), compared ... ( read original story ...)
Stock Market LIVE: GIFT Nifty indicates a positive start for domestic indices BSE Sensex and NSE Nifty 50
GIFT Nifty traded up by 48 points or 0.21% at 22,638 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Monday. Shares in the Asia-Pacific region are trading in positive territory on Monday morning. ( read original story ...)
NEOM welcomes global banking leaders to witness ongoing progress firsthand
News of these, and other NEOM partnerships, were received positively by guests at Discover NEOM China, which took place in Beijing, Shanghai and Hong Kong earlier this month, with more than 500 senior ... ( read original story ...)
Exclusive-Chinese brokerage CICC cutting dealmakers’ base pay by 25%, sources say
China International Capital Corp (CICC) is cutting the base pay of onshore investment bankers by as much as 25%, three sources said, in a major effort to reduce costs amid volatile markets and Beijing ... ( read original story ...)
Stock Market News Today, 04/26/24 – Indices Rise; Inflation Data Heats Up
EST Stock indices are in the green so far in today’s trading as investors continue to cheer Microsoft (MSFT) and Alphabet’s ... ( read original story ...)
Chinese cornerstone investors are new pillars of Hong Kong IPOs and it’s not all good news
Chinese local government entities have carried the mantle of cornerstone investors in first-time stock offerings in Hong Kong in the past two years as foreign investors shun deals. Their outsize role ... ( read original story ...)
HK, Shanghai boost financial ties
The ninth Working Meeting of Hong Kong-Shanghai Financial Co-operation is held in Hong Kong to discuss how the two places could enhance financial co-operation. ( read original story ...)