Four of China’s largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in ...
Shares in China's big state-owned banks rose on Monday after the lenders unveiled around a $72 billion recapitalisation plan ...
Some Chinese banks have started raising interest rates amid growing bad consumer loans in a dramatic U-turn just weeks after ...
Fee income may also recover if new stimulus policies are effective, said CreditSights. China’s Big 5 banks are expected to ...
601601.SS China Pacific Insurance (Group) Co., Ltd.
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 ...
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 ...
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 ...