Bank of Communications

China's banking industry to achieve 20 pct profit growth in 2010, Bank of Commun

BEIJING, Nov 23, 2009 (Xinhua via COMTEX) -- China's banking industry can expect to achieve 20 percent profit growth in 2010, according to a report released by the finance research center of the Bank of Communications. The...

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China's big banks urged to up capital ratios -source

HONG KONG, Nov 23 (Reuters) - China's banking regulator has urged big state lenders including Bank of China (601988.SS) (3988.HK) to raise capital adequacy ratios to 13 percent next year after rapid loan expansions in 2009,...

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China's banking industry to achieve 20 pct profit growth in 2010, Bank of Commun

BEIJING, Nov 23, 2009 (Xinhua via COMTEX) -- China's banking industry can expect to achieve 20 percent profit growth in 2010, according to a report released by the finance research center of the Bank of Communications. The...

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UPDATE 1-New rules to push Bank of China, others into cash calls

CBRC wants capital ratio of 13 pct for big 5 banks - source * Bank of China in talks for capital call - sources * Bank of China could need $15 bln to meet ratio - sources (Adds details, background, wraps in Bank of China) By...

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HK, China shares fall as banks, developers drop

China shares snap five-session rally * Hong Kong stocks down for fourth session * China banks fall on report Beijing may adjust reserve (Updates to close) By Jun Ebias and Claire Zhang HONG KONG/SHANGHAI, Nov 20 (Reuters) -...

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HK Hot Stocks- Developers, Chalco, China banks fall

HONG KONG, Nov 20 (Reuters) - The China Enterprises Index of top locally listed mainland Chinese stocks was down 1.47 percent at 13,276.91. Here are some of the stocks on the move: * Hong Kong developers Henderson Land fell 1.1...

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China's Consumers Are Starting to Spend - Gross

Made in China—and sold there, too. From the magazine issue dated Nov 30, 2009 These are grim times for American executives. "Optimism is higher than it was last year," says Brenda Lei Foster, president of the American Chamber...

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Economy: China’s New Materialism

Chinese are just like New Yorkers. In Shanghai, which is China's New York, locals and expats are doing their best to foist American-style consumerism onto China's rising masses—with mixed results. As it spreads into China, Toys...

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UPDATE 1-China Minsheng Bank raises $3.9 bln in HK IPO -sources

By Kennix Chim HONG KONG, Nov 19 (Reuters) - China Minsheng Banking Corp, the country's seventh-largest listed bank, raised US$3.9 billion when it priced its Hong Kong initial public offering around the mid-point of its...

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Mainland equities get boost from banks

Mainland stocks rose for a third day, led by banks, after the central government signed an agreement with Taiwan to boost financial cooperation. Makers of consumer products fell on speculation recent gains were overdone. China...

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