China’s Ministry of Finance is moving forward with a major capital boost for four of the country’s biggest state-owned banks, ...
Some Chinese banks have started raising interest rates amid growing bad consumer loans in a dramatic U-turn just weeks after ...
BEIJING, March 25 (Reuters) - China Construction Bank (601939.SS), opens new tab, one of the country's biggest commercial lenders, said on Tuesday that it would aim to provide no less than 8 ...
Fee income may also recover if new stimulus policies are effective, said CreditSights. China’s Big 5 banks are expected to ...
by issuing new shares amid a broad market sell-off. The four banks -- China Construction Bank, Bank of China, Bank of Communications and Postal Savings Bank of China -- all opened higher on ...
Four of China’s biggest state-owned banks plan to raise a combined 520 billion yuan (US$71.6 billion) from new share sales ... in growth. China Construction Bank (CCB) plans to mop up as much ...
China's major State-owned commercial banks plan to raise up to 520 billion yuan ($71.7 billion) via private placements from investors, including the finance ministry, a forward-looking move which ...
(Yicai) April 1 -- The Ministry of Finance's capital injection into state-owned banks sends strong signals of the ...
Bank of Communications, Bank of China, Postal Savings Bank of China and China Construction Bank plan to raise up to a ... The banks will issue the new shares at a premium of 8.8 per cent to 21.5 per ...
The banking sector is currently facing challenges of limited profit growth, primarily due to factors such as narrowed net ...
The recently released 2024 annual reports of China's listed banks highlight the diverse dynamics of China's economic development, as banks, serving as the primary channels for corporate and household ...