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SHANGHAI: To see how little investors love China’s small banks, look no further than the nation’s largest online auction site.
HONG KONG (Reuters) - Petrol bombs were thrown inside a Hong Kong metro station on Saturday but no one was injured, the government said, as pro-democracy protesters again took to the streets angry at what they believe is Beijing's tightening grip on the city.
HONG KONG (Reuters) - Hundreds of mask-wearing pro-democracy protesters marched through Hong Kong's central business district on Friday, occupying a main thoroughfare and disrupting traffic as the Chinese-ruled city braced for another weekend of unrest.
HONG KONG (Reuters) - Chinese soldiers issued a warning to Hong Kong protesters on Sunday who shone lasers at their barracks in the city, in the first direct interaction with mainland military forces in four months of anti-government demonstrations.
SHANGHAI: China’s biggest banks responded to government demands to help spur a slowing economy. The cost of their efforts has been disappointing profits and shrinking loan margins.
BEIJING: Several Chinese banks have expressed interest in issuing Panda bonds to help Malaysia out of its financial woes.
SHANGHAI: China’s smaller banks and brokers are turning to stock exchanges to borrow short-term cash this week to escape the typical end of June pressure in money markets and more recent worries over credit risks in the sector.
SHANGHAI: China is expected to adjust money and credit supplies in coming weeks, including cuts to interest rates or reserve ratio requirements, in order to counter "downside risks", the official China Daily said, citing economists
HONG KONG: The Chinese government’s first seizure of a bank in more than two decades piles fresh pressure on shares of small lenders that already trade at rock-bottom valuations.
SHANGHAI: China’s largest lenders posted increases in first-quarter profit and higher interest income as authorities encouraged fresh lending to support the economy.