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Tag: finance

Posted on 24/03/2025

Lujiazui Finance Salon Highlights Chinese Firms’ Need for More Diverse Services Abroad

Qian Xinliu, managing director of HSBC China, pointed out that the London-headquartered lender provides Chinese firms with a full range of services involving trade finance, treasury and foreign ... ( read original story ...)

Posted on 24/03/2025

Stock market today: Asian shares are mostly lower after tech-fueled gain on Wall Street

HONG KONG (AP) — Asian shares were mostly lower on Monday after gains in technology stocks snapped Wall Street’s four-week losing streak. ( read original story ...)

Posted on 24/03/2025

Beijing AI firm to establish global headquarters in Hong Kong, hold IPO in city

Hong Kong finance minister Paul Chan confirms Post report that AICT aims to hold initial public offering in city. ( read original story ...)

Posted on 23/03/2025

Sinopec’s 2024 net profit plunges 16.8% due to falling oil prices, NEVs

China Petroleum & Chemical Corp , , known as Sinopec, reported a 16.8% decline in 2024 net profit on Sunday, citing lower crude oil prices and the accelerated development of the new energy vehicle ... ( read original story ...)

Posted on 22/03/2025

AstraZeneca to invest $2.5 billion in Beijing hub as it looks beyond Chinese tax probe

British pharmaceutical giant AstraZeneca announced on Friday that it will invest $2.5 billion in a research and development center in Beijing, China. ( read original story ...)

Posted on 21/03/2025

Asian and European Stocks Drop Despite German Vote for Massive Spending

Stock markets were largely in the red across the globe on Friday as markets focus on the risks to global growth from tariffs. Even a historic vote in Germany to unlock potentially more than $1 ... ( read original story ...)

Posted on 21/03/2025

China’s Bank of Communications 2024 profit flat, warns of margin pressure

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 ...)

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