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China's Bank of Communications warns of property market risks
Reuters via Yahoo Finance· 2 years agoBEIJING/SHANGHAI (Reuters) -China's Bank of Communications (BoCom) on Friday warned of liquidity...
China's Bank of Communications Q1 profit rises 1.44%
Reuters via Yahoo Finance· 1 month agoChina's Bank of Communications Co Ltd (BoCom), reported a 1.44% rise in first-quarter net profit amid a slowing economy. BoCom, the first among five of...
Bank of Communications, China Merchants Bank report increasing bad loans amid property crisis
South China Morning Post via Yahoo Finance· 9 months agoTwo major Chinese banks reported a growing number of non-performing loans (NPLs) on their books in the first half of the year as China's worsening property-market crisis puts increasing strain ...
China sets up third fund with $47.5 billion to boost semiconductor sector
Reuters via Yahoo Finance· 5 hours agoBEIJING (Reuters) -China has set up its third planned state-backed investment fund to boost its...
HSBC full-year profits surge fuelled by high interest rates
Yahoo Finance UK· 3 months agoHSBC has reported a massive jump in profits. Mike Kemp via Getty Images HSBC, has reported an almost...
Chinese banks' asset quality remains stable but interest margin pressures to continue : analysts
South China Morning Post via Yahoo Finance· 7 months agoChinese banks will continue to grapple with interest margin pressures in the fourth quarter of 2023,...
China’s economic troubles are hurting global banks
CNN Business via Yahoo Finance· 3 months agoHSBC posted a big drop in quarterly profit Wednesday after taking a $3 billion hit on its stake in China’s Bank of Communications (BoCom) and another...
HSBC Q4 Pre-Tax Earnings Fall on One-Time Impairment Charges
Zacks via Yahoo Finance· 3 months agoHSBC Holdings HSBC reported a fourth-quarter 2023 pre-tax profit of $1 billion, down substantially...
China's Big Five banks post healthy results, warn of shaky recovery
Reuters via Yahoo Finance· 1 year agoChina's Big Five lenders posted above 3.5% annual net profit growth this week, but warned that the...
Three of China's biggest banks to provide support for property developers
Reuters via Yahoo Finance· 2 years agoBEIJING (Reuters) -Three of China's biggest commercial banks have agreed to provide fundraising...