BEIJING/SHANGHAI, March 30 (Reuters ... Analysts predict a positive turn in NIM for big banks this year because of the central bank's gradual return to a neutral monetary policy stance. For BoC, the ... ( read original story ...)
Bank of China Q4 profit jumps 70%, beats estimates
Bank of China, the country's fourth-largest bank by assets, reported a 69.5% rise in the net profit for the fourth quarter of 2020. ( read original story ...)
Chinese Power Bank Rental Startup Energy Monster Seeks USD250 Million in Nasdaq IPO
The listing could give Energy Monster, which is the biggest player in China’s power bank rental market with a 34.4 percent share last year, a valuation of up to USD3.4 billion, it said. Operator ... ( read original story ...)
Shanghai best destination for SMEs
China's financial center Shanghai provides the best business environment for small and medium-sized enterprises, Yicai reported on Tuesday. Following Shanghai were Shenzhen and Nanjing, which ... ( read original story ...)
Win Streak Expected To End For China Stock Market
The China stock market has tracked higher in consecutive trading days, gathering more than 70 points or 2 percent along the way. The Shanghai Composite Index now rests just above the 3,435-point ... ( read original story ...)
US stocks hover near records as bank losses hold back gains
U.S. stocks stabilized in afternoon trading and hovered near the ... ( read original story ...)
Stocks are off to a mixed start, bank losses weigh on market
Stocks are off to a mixed start on Wall Street as losses for banks are offset by gains in several Big Tech companies including Facebook. The S&P 500 was down 0.2% in the first few minutes ... ( read original story ...)