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China CITIC Bank Announces 2023 Annual Report: Achieving Net Profit of 67 Billion Dollars, Asset Quality Has Substantially Improved
The dividend rate remains high
Organization Department of the Central Committee: Xi Guohua serves as Party Secretary of China CITIC Group Co., Ltd.
There were many public comments in November
China CITIC Bank's Third Quarterly Report: Major Wealth Management Banks Still Look at Wealth Management
Revenue declined, net profit increased
Silicon Valley Bank's Subsidiary In China May Be Taken Over By Its Chinese Partner Shanghai Pudong Development Bank
Silicon Valley Bank's Subsidiary In China May Be Taken Over By Its Chinese Partner Shanghai Pudong Development Bank
Charm of the richest man in the world: more than a dozen Wall Street banks lined up to support Musk's acquisition of Twitter
More than a dozen banks around the world have provided various forms of debt support, totaling $25.5 billion, according to regulatory filings on Thursday.
Market Chatter: Baidu Launches Digital Avatar Platform in Metaverse Push
08:06 PM EST, 01/18/2022 (MT Newswires) -- Baidu (HKG:9888) has launched a digital avatar platform that combines digital avatar generation and content production as part of its push into the metavers
News flash: digital currency concept stocks open stronger Cuiwei shares, Jingbei 2 continuous board
January 5 news, digital currency stocks opened stronger. As of press time, Cuiwei shares, Jingbei 2 even board, Shensi Electronics, Xinan Century, Royal Silver shares, Ren Zixing and so on rose. On the news side, on January 4, the digital RMB (pilot version) App has been launched in major Android app stores and Apple Inc AppStore. The developer of Digital RMB (pilot version) App is the Institute of Digital currency of the people's Bank of China. Digital RMB is still in the routine testing stage in the process of research and development. Whitelist users in pilot areas selected by digital RMB operators can register for the App. At present, digital people
Ray Dalio's Bridgewater raises $1.25B for onshore China fund - WSJ
Bridgewater Associates raises ~$1.25B for its third investment fund in China, making the hedge-fund firm one of the biggest foreign managers of private funds in the world's second-biggest economy, th
China Minsheng Bank Raises $4.7 Billion from Issuance of Renminbi Bonds
02:18 AM EST, 11/16/2021 (MT Newswires) -- China Minsheng Bank (SHA:600016, HKG:1988) sold 30 billion yuan ($4.7 billion) worth of renminbi bonds in the interbank debt market and registered them with
Chinese Shares Fall; Banks Decline Amid Weaker Earnings Outlook -- Market Talk
0212 GMT - Chinese shares are lower as banks decline amid a weak earnings outlook, CGS-CIMB says. While some banks' 3Q results showed strong growth, this is due to a low base effect rather than
Chinese Stocks Rise as Banks, Baijiu Makers Gain -- Market Talk
0200 GMT - Chinese stocks are higher in early trade with banks and baijiu makers broadly higher. Optimism about Covid-19 treatment developments and a further economic reopening are supporting se
China Minsheng Bank's Net Profit Remains Largely Flat at $1.4 Billion in Q3
01:31 AM EDT, 11/01/2021 (MT Newswires) -- China Minsheng Bank (HKG:1988, SHA:600016) reported a net profit attributable to shareholders of 8.93 billion yuan ($1.39 billion) in the third quarter ende
China Zheshang Bank Eyes $2.8 Billion from Rights Issue
01:19 AM EDT, 10/29/2021 (MT Newswires) -- China Zheshang Bank (HKG:2016, SHA:601916) is seeking shareholders' approval for its proposed rights issue to raise no more than 18 billion yuan ($2.8 billi
China Zheshang Bank's January-September Profit Climbs 4.3% on Higher Revenue
10:30 PM EDT, 10/28/2021 (MT Newswires) -- China Zheshang Bank's (HKG:2016, SHA:601916) profit inched up 4.3% in January to September from a year ago, helped by increases in net interest and non-inte
Cinda Asset Management to Issue $1.7 Billion Offshore Preference Shares on Nov. 4
11:34 PM EDT, 10/27/2021 (MT Newswires) -- China Cinda Asset Management (HKG:1359) is set to sell $1.7 billion worth of offshore preference shares to replenish its additional tier-1 capital, accordin
Press Release: Ping An Reports Steady Growth of 9.2% in Operating Profit Attributable to Shareholders of Parent Company in 9M 2021
Ping An Reports Steady Growth of 9.2% in Operating Profit Attributable to Shareholders of Parent Company in 9M 2021 Total Assets exceeded RMB10 Trillion PR Newswire HONG KONG and SHANGH
China Merchants Bank's Q3 Profit Rises 21.1% on Absence of Impairment Losses
04:14 AM EDT, 10/25/2021 (MT Newswires) -- China Merchants Bank (SHA:600036, HKG:3968) logged a 21.1% increase in profit in the third quarter, helped by the absence of impairment losses on other asse
ZTE Raises $313 Million From Issue of 70-Day Renminbi Bonds in China
11:35 PM EDT, 10/24/2021 (MT Newswires) -- ZTE (HKG:0763, SHE:000063) raised 2 billion yuan ($313.1 million) from selling renminbi bonds in China, proceeds of which will be used for debt payments. T
Longyuan Power Raises Nearly $157 Million from Sale of 88-Day Renminbi Bonds in China; Shares Jump 5%
10:44 PM EDT, 10/24/2021 (MT Newswires) -- China Longyuan Power Group (HKG:0916) sold 1 billion yuan ($156.5 million) worth of renminbi-denominated bonds on Oct. 22, proceeds of which will be used to
Forecasts For PBOC to Cut RRR Ease as September Factory Inflation Surges to Record High
01:05 AM EDT, 10/21/2021 (MT Newswires) -- Expectations that the People's Bank of China (PBOC) will cut banks' reserve requirement ratio (RRR) significantly weakened after recent data showed that Chi