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Industrial firms' Q1 profits 8.5% higher

Profits of China's industrial firms rose 8.5 percent year-on-year in the first quarter, the National Bureau of Statistics said.

China , Ganzhou , Jiangxi , Zheshang , Zhejiang , Zhu-hong , Hongta , Liaoning , Li-qilin , Zhou-maohua , China-merchants-bank-co-ltd , China-everbright-bank

Industrial firms' Q1 profits 8.5% higher--China Economic Net

Industrial firms' Q1 profits 8.5% higher--China Economic Net
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Industrial firms' Q1 profits 8.5% higher

Industrial firms' Q1 profits 8.5% higher
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Kotak Mahindra, HDFC Bank logged mcap declines in 4th quarter, ICICI Bank among top gainers in Asia Pacific

Nine of the top 20 Asia-Pacific banks by market capitalization logged declines in the 2021 fourth quarter, as a new variant of COVID-19 generated volatility in several markets toward the year-end, halting a broad recovery in bank stocks, ...

China , New-delhi , Delhi , India , Singapore , Chinese , Financial-group , Industrial-commercial-bank , China-merchants-bank-co-ltd , China-construction-bank-corp , Ping-an-bank

Kotak Mahindra, HDFC Bank logged mcap declines in 4th quarter, ICICI Bank among top gainers in Asia Pacific

Nine of the top 20 Asia-Pacific banks by market capitalization logged declines in the 2021 fourth quarter, as a new variant of COVID-19 generated volatility in several markets toward the year-end, halting a broad recovery in bank stocks, S&P Global Market Intelligence research said.

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Foreign investors line up for China financial services play

Foreign investors line up for China financial services play
By JIANG XUEQING |
China Daily |
Updated: 2021-05-06 09:03
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DBS stake in Shenzhen rural bank signals rising confidence in new round of opening-up
Foreign financial institutions, or FFIs, are planning to increase investment in China's commercial banks or exploring new business opportunities in the country, as China has strengthened efforts to further open up its financial sector, industry experts said.
Singapore's DBS Group announced recently its subsidiary DBS Bank has received Singaporean and Chinese regulatory approvals to acquire a 13 percent stake in Shenzhen Rural Commercial Bank with 5.29 billion yuan ($815 million).
DBS Bank, a multinational banking and financial services corporation, will use funds owned by the bank to buy 1.35 billion new shares of Shenzhen Rural Commercial Bank, abbreviated as SZRCB, at a price of 3.91 yuan per share.

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JPMorgan Asset Management to invest in China bank's wealth management unit

JPMorgan Asset Management to invest in China bank's wealth management unit
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