Hints and tips:
Related Special Reports
...State-backed brokerages dominate China’s vast financial markets, where western investment banks have made limited inroads in recent years and returns have disappointed at a time of weak economic momentum...
...China International Capital Corporation says south-east Asia has only seen the “tip of the iceberg” of Chinese companies wanting to explore opportunities in the region, as the state-backed investment bank...
...“Despite all the noise from tech investors, a superapp strategy in banking has rarely worked, with the exception of China,” he added....
...The lenders, which have so far refused to extend the loan without an injection of fresh equity from Thames Water’s owners, are Chinese state-owned Bank of China and Industrial and Commercial Bank of China...
...With up to an estimated $72bn of state-related support over the past 15 years, the development of the single-aisle aircraft is seen as a big step forward for President Xi Jinping’s vision of moving China...
...China holds the biggest voting share, with 27 per cent....
...The chairs of some state banks, such as Liao Lin at Industrial and Commercial Bank of China, Gu Shu from Agricultural Bank of China and Cai Xiliang from China Life Insurance, now also outrank Pan in the...
...after large inflows of people and capital from mainland China....
...The bank has increased its deposit base by 15 per cent to £3.4bn in the period and has a total loan balance of £2.7bn....
...Bank of China, the most internationally exposed bank among its peers, now operates a sprawling network of 534 branches, covering a third of countries globally, according to its latest annual report....
...China Construction Bank has filed a winding-up petition in Hong Kong against property developer Shimao in a rare case of a major state-owned financial institution initiating offshore legal action against...
...Bank of China and Industrial and Commercial Bank of China (ICBC)....
...Related stories StanChart reports solid results, but China continues to drag HSBC 2023 record profit spoiled by China investments Japan’s Mizuho to take 15% stake in Indian digital lender Singapore’s...
...and sluggish demand in China....
...Prices have been buoyed by the prospect of US rate cuts, fears of an escalating conflict in the Middle East and by demand from central banks and Chinese consumers....
...China-US flight volumes increased last year, from 10 per cent of 2019 levels in October to about 20 per cent last month, said Chen Xin, head of China leisure and transport research at UBS....
...During the recent annual meeting of China’s rubber-stamp parliament, Yi Gang, former head of the People’s Bank of China, cited the need for an insurance mechanism for presales, which he said would help the...
...Recent comments by President Xi Jinping that the People’s Bank of China (PBoC) should launch a bond-buying programme to create more domestic liquidity may be the first sign that exchange rate targeting is...
...The struggles of both companies, once seen as among the most trusted real estate developers in China, highlights the impact of a two-and-a-half-year cash crunch that has weighed on construction and the wider...
...The national team has been instrumental in stabilising China’s stock market, and one of the major participants is Central Huijin Investment, part of China’s $1.2tn sovereign wealth fund China Investment...
...Official data shows foreign investment banks worked on three out of 313 IPOs in China last year....
...Bhatia will also have to execute a balancing act between the growth of Starling’s banking business and its push of Engine, its more recent banking software that it is hoping to sell to other banks internationally...
...Potanin’s complaints about the cost of sanctions reflect wider concerns in Moscow about US pressure on banks doing business with Russia, said Alexandra Prokopenko, a former central bank official....
...China Merchant Bank, one of the leading commercial banks in China, reported its first revenue drop since 2009 due to the central bank’s cuts in loan prime rate and weak credit demand....
...Chancay, 70km north of Lima, has raised concerns in Washington because of American fears that China is gaining control of large amounts of critical infrastructure in Peru, a crucial mining nation....
International Edition