China Construction Bank Corp (CCB) , the country’s second-largest lender by assets, on Sunday posted a 10.7% fall in first-half profit, the biggest January-June decline since its market debut in 2005. ( read original story ...)
China Construction Bank posts 10.7% H1 profit fall
China Construction Bank Corp (CCB) , the country's second-largest lender by assets, posted on Sunday a 10.7% fall in first-half profit, the biggest profit decline during Jan-June period since its ... ( read original story ...)
As IPO Looms, All You Need to Know About Jack Ma’s Ant Group
Billionaire Jack Ma’s Ant Group is poised to pull off what could be the biggest initial public offering ever by simultaneously listing in Hong Kong and Shanghai. It’s said to be gunning for a ... ( read original story ...)
Hong Kong is the key to unlock China’s stocks, where global funds may in time own 25 per cent of market value, Charles Li says
The potential growth, from the current status where global capital via Hong Kong makes up low single digits percentage of China’s stock market, could translate to further upside for the operator of ... ( read original story ...)
U.S. IPO market channels spirit of ’99 to tee up bumper 2020
Filings by the likes of data analytics company Palantir Technologies and cloud-based data warehouse firm Snowflake Inc underscore the rebound in the IPO market, which had all but ground to a halt in ... ( read original story ...)
UPDATE 1-China’s BoCom bank Jan-June profit drops 14.6%, first H1 profit fall since listing
Bank of Communications Co Ltd, China’s sixth-largest bank by assets, reported on Friday a 14.6% decline in first-half profit as sour debt rose amid the coronavirus pandemic. It was the first time the ... ( read original story ...)
UPDATE 2-Chinese bank BoCom’s H1 profit down 14.6% in first such fall since listing
Bank of Communications Co Ltd , China's sixth-largest bank by assets, reported on Friday a decline of 14.6% in first-half profit as sour debt rose amid the coronavirus pandemic. ( read original story ...)