China Construction Bank

New Business

Chinese state banks’ 2024 profits rise and bad loans dwindle even as margins narrow

Chinese banks are reporting higher profits and smaller bad debts, helped by the central bank’s flexibility on how lenders provide…

Read More »
New Business

Hong Kong stocks set for third week of losses as investors resort to profit-taking

Hong Kong stocks reversed gains on Friday, as investors pulled back ahead of more tariff announcements from the US and…

Read More »
New Business

China’s financial corruption crackdown reeled in dozens of naughty bankers in 2024

China’s financial sector has undergone profound changes, marked by intensified anti-corruption efforts, as the industry takes on the critical task…

Read More »
New Business

China’s record dividend payout puts yuan under pressure amid US-China tensions

China’s ambitious campaign to revive its flagging stock market has made the yuan an unintended casualty, with record dividend payouts…

Read More »
New Business

Shimao gets more time to restructure debt after beating back liquidation petition in court

Shanghai-based developer Shimao Group prevailed in a Hong Kong court decision to dismiss a creditor petition to liquidate the company,…

Read More »
Back to top button