People’s Bank of China: a guide to China’s interest rates
Rebecca Cattlin April 28, 2021 10:26 AM
The People’s Bank of China is somewhat of an enigma compared to other central banks. Find out everything you need to know about the PBOC and how its meetings influence financial markets. Share:
What is the central bank of China?
The central bank of China is called the People’s Bank of China or PBOC. It’s the body in charge of setting monetary policy – including setting interest rates – and regulating financial institutions in mainland China.
The PBOC is known as the most financially resourceful bank in the world, but as of 2020, it only has the fourth-largest total asset holding of any central bank, totalling $5.9 trillion in 2020 – the other largest being the ECB ($8.9 trillion), the Fed ($7.6 trillion) and BOJ ($6.6 tri
Message :
Required fields Hong Kong Exchange and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. 福 萊 特 玻 璃 集 團 股 份 有 限 公 司 Flat Glass Group Co., Ltd. (a joint stock company incorporated in the People s Republic of China with limited liability) (Stock code: 6865) FOR THE THREE MONTHS ENDED 31 MARCH 2021 This announcement is made by the Company pursuant to Rule 13.09 and Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571, Laws of Hong
Share this article
Share this article
BEIJING, April 27, 2021 /PRNewswire/ Huaneng Power International, Inc. ( the Company ) (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its unaudited operating results prepared in accordance with the PRC GAAP for the three months ended March 31, 2021.
For the first quarter of 2021, the Company and its subsidiaries recorded consolidated operating revenue of RMB 49.909 billion (equivalent to approximately USD 7.595 billion), representing an increase of 23.59% compared to the same period of last year. The net profit attributable to equity holders of the Company was RMB 3.127 billion (equivalent to approximately USD 476 million), representing an increase of 51.75% compared to the same period of last year. The earnings per share was RMB 0.17 and earnings per ADS amounted to RMB 6.62 (equivalent to approximately USD 1.008). The increase of the Company s net profit was mainly due to the increase of domestic electricity sales.
Huaneng Power International, Inc RMB 3 127 Billion Net Profit Attributable to Equity Holders for the First Quarter of 2021 Increased by 51 75% asiaone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaone.com Daily Mail and Mail on Sunday newspapers.
The Straits Times
DBS buys 13% stake in Shenzhen bank for $1.08 billion, its biggest acquisition in China
Upon the completion of the deal, DBS will become the largest shareholder in Shenzhen Rural Commercial Bank.PHOTO: ST FILE
https://str.sg/JF4E
They can read the article in full after signing up for a free account.
Share link:
Or share via:
Sign up or log in to read this article in full
Sign up
All done! This article is now fully available for you
Read now
Get unlimited access to all stories at $0.99/month for the first 3 months.
Get unlimited access to all stories at $0.99/month for the first 3 months.