Company Description
China Banking Corporation. The Group's principal activity is providing commercial banking services. It has four business segments, Consumer Banking, Account Management, Branch Banking and Treasury. Consumer Banking handles housing and auto loans for ...
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Forbes.com - 32 minutes ago
HONG KONG/SHANGHAI, Nov 25 (Reuters) - Shares were down in Hong Kong and China at midday Wednesday, dragged lower by banks, as investors fretted about possible capital-raising plans among Chinese lenders and lacklustre U.S. economic data. Bank of China ...
Reuters - 40 minutes ago
* Banking stocks extend losses on fundraising fears * Fantasia, Sany Heavy Equipment post strong debuts (Updates to midday) HONG KONG/SHANGHAI, Nov 25 (Reuters) - Shares were down in Hong Kong and China at midday Wednesday, dragged lower by banks, as ...
Forbes.com - 45 minutes ago
BEIJING, Nov 25 (Reuters) - China may increase banks' reserve requirements next year rather than interest rates to strengthen liquidity management and so prevent asset bubbles, a government newspaper said on Wednesday. An opinion piece in the official ...
Forbes.com - 51 minutes ago
HONG KONG, Nov 25 (Reuters) - Asia's top oil refiner China Petroleum and Chemical Corp and U.S. private equity firm TPG are not considering a bid to buy bankrupt chemical company LyondellBasell Industries, said a source close to the situation on ...
Reuters - 1 hour ago
By Samuel Shen and Doug Young - Analysis SHANGHAI/HONG KONG (Reuters) - Chinese banks, under government pressure to shore up their finances, are set to unleash a wave of billions of dollars in capital raising that could strain equity markets but also ...
