BoC to issue $7b in shares in HK
Bank of China (BoC) (3988.HK, 601988.SHA) is close to issuing a US$7 billion share offering in Hong Kong to bolster balance sheets strained by loan growth, the Financial Times reported. BoC has >>more...
Bank of China (BoC) (3988.HK, 601988.SHA) is close to issuing a US$7 billion share offering in Hong Kong to bolster balance sheets strained by loan growth, the Financial Times reported. BoC has >>more...
Is Hong Kong poised to become a new frontier for hedge fund managers fleeing financial uncertainty in the West? >>more...
Bank of America (BofA) (BAC.NYSE) will seek regulatory approval from China to expand operations, the Wall Street Journal reported, citing anonymous sources. BofA, the largest US bank by assets, >>more...
The chairman of Bank of China (3988.HK, 601988.SH) said the lender wants to grow aggressively overseas but doesn’t plan on making any acquisitions, the Wall Street Journal reported. Xiao Gang >>more...
Shenzhen Development Bank (SDB; 000001.SZ) posted a net profit of US$736.9 million for 2009, more than eight times the figure for a year earlier, the Wall Street Journal reported. The strong >>more...
Local governments who borrowed heavily from China's banks during the financial crisis may have trouble paying back their debts, AP reported, citing the deputy governor of China's central bank. Su >>more...
Outstanding loans at Industrial and Commercial Bank of China (ICBC) amounted to US$770 billion at the end of 2009, while the bank's deposits totaled US$1.5 trillion, the Wall Street Journal reported. >>more...
China's securities regulator is mulling changes to the country's initial public offering regulations, in an attempt to stop companies raising excessive funds when they list, the Wall Street Journal >>more...
The 'New York Times' recently examined how Shanghai, China, is making efforts to become a world financial capital. >>more...
China Minsheng Banking Corp, the nation's first privately-owned bank, will change its lending focus to small-and medium-sized enterprises instead of concentrating on larger companies, state media >>more...
Offshore financial centers must make amends for their role in the financial crisis, says Jeffrey Owens, OECD tax policy director >>more...
James Chanos has made some bold statements, but is his money where his mouth is? >>more...
Lending to order is China's most effective monetary policy tool, not that the authorities would ever admit it, says our Beijing-based China watcher >>more...
Index futures are finally coming to China - or are they? >>more...
China's benchmark interest rate remains on hold, but are banks edging up their rates regardless? >>more...
MALCOLM MOORE: Mainland banks have succeeded in shifting two months worth of lending off their balance sheets >>more...
MALCOLM MOORE: One of London's star fund managers moves to Hong Kong >>more...
China's financial regulators continue to tread the fine line between serving the nation's economic needs and keeping its banks in order >>more...
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