Industrial and Commercial Bank of China Ltd (ICBC), China's largest commercial lender by assets, on Friday said net profit grew 0.03 per cent year-on-year in the third quarter.Profit was 94.93 billion ... ( read original story ...)
Banking: the real China opportunity
Global banks spent years trying to make China’s vast market work for them, mostly in vain. Today, though, China’s manufacturers are investing in Europe and the US and turning to Western lenders for ... ( read original story ...)
Courier J&T Global Express could raise as much as US$520 million from Hong Kong IPO after offering oversubscribed
J&T Global Express, an Asian courier service group based in Shanghai, could raise as much as HK$4.1 billion (US$520 million) from its initial public offering after orders from investors exceeded the ... ( read original story ...)
S&P Global Ratings affirms Shanghai Rural Commercial Bank at “BBB” (Local Currency LT credit rating); outlook stable
S&P Global Ratings affirmed the 'BBB' Local Currency LT credit rating of Shanghai Rural Commercial Bank on October 24, 2023. ( read original story ...)
China’s Big Policy Moves Draw Cautious Investors Back to Beat-Down Stock Market
China's benchmark CSI300 Index staged a moderate rebound from 4-1/2-year lows this week, after state fund Central Huijin Investment started buying exchange-traded funds (ETFs) on Monday, adding substance to the central bank's pledge over the weekend to fend off financial risks. ( read original story ...)
Navigating Success in the Chinese Stock Market
Are you prepared to seize the potential of one of the world’s most dynamic and expansive stock markets? Look no further than China! With its ever-expanding economy, investing in Chinese stocks can be a game-changer for your portfolio. ( read original story ...)
China’s stock market drops to pre-pandemic low
The CSI 300 index of large and liquid Shanghai- and Shenzhen-listed stocks fell as much as 1.3 per cent on Monday to about 3,463, marking the equity benchmark’s lowest level since 2019. The gauge has fallen about 15 per cent so far this year, in dollar terms. ( read original story ...)