Tag: ipo

China’s Finance Ministry will inject 500 billion yuan (S$92 billion) into four of the nation’s largest state banks via share placements, following through on a pledge to beef up capital buffers. Read ... ( read original story ...)

His lens revealed a nation so starkly divergent from typical Western caricatures that it made many viewers confront the uncomfortable truth that their perception of China had been systematically ... ( read original story ...)

PetroChina , , Asia's largest oil and gas producer, on Sunday said annual net profit rose 2% to a record high, as moderately higher production helped to offset lower oil prices. ( read original story ...)

Bank of China beat forecasts on Wednesday with a 2.6% rise in 2024 net profit, according to a filing. Profit climbed to 237.84 billion yuan ($32.74 billion) from 231.90 billion yuan in 2023, the bank ... ( read original story ...)

Stability has become a defining trait of China amid geopolitical turbulence, providing a socio-economic environment that investors find reassuring. As global markets grapple with rising uncertainty, ... ( read original story ...)

At a quarterly meeting known internally as the country’s monetary-policy “weather vane,” central-bank officials signaled a more hands-on approach ... ( read original story ...)

Bank of China beat forecasts on Wednesday with a 2.6% rise in 2024 net profit, thanks to growth in trading gains and falling impairment losses, though asset quality and margin pressures persist. ( read original story ...)