March 13 (Reuters) - Chinese lenders plan to steer more money toward technology and innovation-oriented firms, bankers say, ...
Several Chinese financial firms are scaling back exposure to Middle Eastern debt, while regulators are stepping up oversight as the conflict raises concerns over the nation’s extensive lending in the ...
Two customers of China Construction Bank—the world’s third-largest financial institution—recently saw their accounts frozen after a transfer of 250 yuan, or roughly $36. Their mistake was including ...
Add Yahoo as a preferred source to see more of our stories on Google. Chinese regulators barred a bank in the country from offering new customers free Labubu dolls, a popular toy that became a valued ...
Hua Xia Bank, a publicly traded financial institution linked to China’s government, issued 4.5 billion yuan ($600 million) in tokenized bonds on Wednesday, aiming to reduce clearing friction by ...
FinVolution offers a good trade-off between value and growth relative to bank stocks and fintechs. China's recovery and policy support on macro and credit fundamentals will drive growth and earnings ...
Net interest margins for Chinese banks have steadily declined since the LPR reform, driven by pricing mechanisms, profit-sharing, weak demand, and structural shifts. The current net interest margin ...
Dec 12 (Reuters) - Many of China's newly merged small banks have seen profits fall and capital buffers shrink over the past year, a Reuters review of data showed, testing Beijing's record ...
China’s mega banks are under pressure from rising allowances for loan losses and a continued margin erosion in their mission to support the world’s second largest economy. The lenders, led by ...
In a country where interest rates are low and competition for deposits is fierce, some Chinese banks have turned to a surprising strategy to attract savers: Labubu dolls. The quirky, wide-eyed figure ...
BEIJING (Reuters) -Shares in China's big state-owned banks rose on Monday after the lenders unveiled around a $72 billion recapitalisation plan to boost their core capital. The recapitalisation aims ...
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