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Chinese banks wealth management products see falling yields

Chinese banks' wealth management products see falling yields

2019-07-27 22:24

Chinese banks' wealth management products posted falling yields as overall liquidity remains at a relatively high level.

China Merchants Bank net profit up 13 pct in H1

China Merchants Bank net profit up 13 pct in H1

2019-07-24 22:31

China Merchants Bank, one of the largest lenders in China, reported an annual net profit growth of 13 percent in the first half of 2019.

China Exim Bank reports steady growth in assets, profits

China Exim Bank reports steady growth in assets, profits

2019-07-24 18:36

By the end of 2018, the total assets of the bank grew 15.19 percent year on year to 4.2 trillion yuan (about 610 billion U.S. dollars).

China lifts restrictions on foreign participation in securities companies

China lifts restrictions on foreign participation in securities companies

2019-07-20 21:46

China would lift the foreign ownership limits on securities, fund management and futures companies by 2020.

China unveils new financial opening-up measures

China unveils new financial opening-up measures

2019-07-20 18:47

China has announced a slew of new measures to further open up its financial markets.

China Minsheng Bank approved to issue up to 200 mln preference shares

China Minsheng Bank approved to issue up to 200 mln preference shares

2019-07-20 10:45

China Minsheng Bank has gained approval to issue no more than 200 million preference shares in the domestic market.

U.S. government pressures on pending Libra to mount: analysts

U.S. government pressures on pending Libra to mount: analysts

2019-07-19 15:11

U.S. Representatives contested the testimony of executives from social media giant Facebook regarding plans to launch a digital currency called Libra.

Russias banking sector profit up by 60 pct in H1 2019: central bank

Russia's banking sector profit up by 60 pct in H1 2019: central bank

2019-07-18 09:57

The net profit of Russia's banking sector increased by almost 60 percent from January to June compared with the same period last year.

China steadily replenishes social security funds with state capital

China steadily replenishes social security funds with state capital

2019-07-17 11:29

China has steadily advanced the transfer of state assets to social security funds to make the funds more sustainable.

U.S. Treasury Secretary says very concerned about Libra cryptocurrency

U.S. Treasury Secretary says very concerned about Libra cryptocurrency

2019-07-16 06:24

U.S has "very serious concerns" about the potential national security risks Facebook's Libra cryptocurrency poses to the U.S. financial system.

Chinas bank profits to hold steady in 2019: report

China's bank profits to hold steady in 2019: report

2019-07-14 09:17

Profits of China's banking sector are expected to maintain steady this year, with faster growth in asset scale and ample liquidity.

CSRC issues nearly 1.2 bln yuan fines in H1

CSRC issues nearly 1.2 bln yuan fines in H1

2019-07-13 21:38

China Securities Regulatory Commission (CSRC) issued 1.174 billion yuan (about 171 million U.S. dollars) of fines in the first half of this year.

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