BEIJING - The recently released 2024 annual reports of China's listed banks highlight the diverse dynamics of China's ...
Four of China's largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in ...
The order, likened to ‘closing a loophole’, could ‘significantly increase administrative and compliance costs’ for the US, ...
US President Donald Trump has slapped punishing new tariffs on imports of Chinese goods, deepening a trade war between the ...
President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central ...
Four of China’s largest banks are planning to raise up to $71.6 billion via share sales under a finance ministry-led plan ...
In response to Donald Trump’s first term as president, Xi Jinping, China’s leader, initiated a campaign to reduce China’s ...
BEIJING (Reuters) -Four of China's largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ...
The fundraising comes after the National People’s Congress vowed earlier this month to recapitalise major state banks.
Shares in China's big state-owned banks rose on Monday after the lenders unveiled around a $72 billion recapitalisation plan ...
The recapitalisation effort, aimed at strengthening the banks’ core tier-1 capital, follows a pledge from Chinese ...
HONG KONG -- Shares of China's top state banks were mixed on Monday after four of them announced plans the day before to ...