Search Results for 'Chinese'

Chinese banks under pressure to raise cash next year: China ...

SHANGHAI: China's listed banks are expected to raise over 100 billion yuan ($15.78 billion) through equity financing next year as they face pressure to replenish capital due to rapid loan growth and tighter regulation, the China Secur [...]

Posted On : Dec, 27 2011 | Comments : 0

Saab banking on Chinese lender

Swedish Automobile NV (Swan), the Dutch owner of the car maker Saab Automobile AB, said on Monday that it will continue discussions with Zhejiang Youngman Lotus Automobile Co Ltd and an unidentified Chinese bank about buying a stake in th [...]

Posted On : Dec, 06 2011 | Comments : 0

Chinese Banks’ 22% Profit Jump May Fail to Boost Valuations

China’s four biggest banks, forecast this week to report higher third-quarter earnings than the four largest U.S. lenders, may be stuck with valuations near record lows amid investor concern that bad loans will rise. Industrial & [...]

Posted On : Oct, 26 2011 | Comments : 0

End of an era in Chinese banking

Recently, the People’s Bank of China and the China Banking Regulatory Commission (CBRC) released statistics that call for close attention. By the end of April, the outstanding balance of the broader money supply, [...]

Posted On : May, 27 2011 | Comments : 0

Government mum on top Chinese banking regulator's visit

The country's Financial Supervisory Commission (FSC) refused to confirm a report on Friday that China's top banking regulator will arrive in Taiwan the following day. According to the Taipei-based Commercial Times's report, C [...]

Posted On : Apr, 22 2011 | Comments : 0

ICBC Agrees the First Chinese Takeover of a U.S. Retail Bank

Industrial & Commercial Bank of China Ltd. agreed the first Chinese takeover of a U.S. retail bank, boosting financial ties between the two largest economies as President Hu Jintao concluded a four-day visit to the nation. ICBC, [...]

Posted On : Jan, 24 2011 | Comments : 0

Dispatches: Chinese Insurers Make Moves Into Banking

Dispatches: Chinese Insurers Make Moves Into Banking: China Pacific Insurance plans to spend 5bn yuan (HK$5.71bn) on shares placed privately by Shanghai Rural Commercial Bank, the Shanghai Securities News reported, quoting market s [...]

Posted On : Sep, 02 2010 | Comments : 0

Chinese bank launches potentially record-setting IPO to rais...

This week's $19.2-billion initial public offering by the Agricultural Bank of China is part of a capital drive by China's banks stemming from last year's lending boom. Chinese banks unleashed a flood of credit to stimulate th [...]

Posted On : Jul, 09 2010 | Comments : 0

Chinese Bank unveils world's 'biggest' IPO - Report

The Agricultural Bank of China (ABC) announced its huge dual listing in Shanghai and Hong Kong, which could be the world's largest-ever initial public offering, says a media report. ABC, the biggest bank in China by customers, plans [...]

Posted On : Jun, 05 2010 | Comments : 0

Chinese banks asked to report risk exposure

China's banking regulator told lenders to report on their risk exposure to borrowers including local government companies by the end of June to help prevent the nation's record credit boom from causing more bad loans. Financial r [...]