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China bank shares rise

Reuters on MSN · 2d

China bank shares rise after $72 billion recapitalisation plan

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 to help the banks to increase capital buffers and manage asset quality strains.

Nikkei Asia · 2d

China's big bank shares mixed after $72bn capital injection unveiled

HONG KONG -- Shares of China's top state banks were mixed on Monday after four of them announced plans the day before to raise a combined 520 billion yuan ($71.7 billion) by issuing new shares amid a broad market sell-off.

CNN on MSN · 2d

China beefs up its biggest banks to boost the economy

Four of China’s largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in private placements from investors, including the finance ministry, after Beijing pledged to help them support the economy.

2don MSN

China central bank injects 800 billion yuan via outright repos in March

China's central bank has injected 800 billion yuan ($110.32 billion) into its banking system during March through an outright ...

2h

China builds world’s largest and most comprehensive social credit system: PBC official

China's credit reporting industry began with credit-related data and, after nearly 30 years of development, it has ...

7d

Bank of China Posts Profit Gain on Lower Credit Impairments

Bank of China Ltd. reported a 2.6% increase in full-year profit as a drop in impairments helped offset pressure from falling ...

7don MSN

Bank of China says pressure on asset quality persists

Bank of China's vice president said on Wednesday that the bank's asset quality is still under pressure, as bad loans from ...

1d

Bank of China upgraded to Overweight from Neutral at JPMorgan

JPMorgan upgraded Bank of China (BACHY) to Overweight from Neutral with a HK$5.40 price target Don't Miss Our End of Quarter Offers: Discover ...

11d

Canadian arm of China’s largest bank repeatedly broke money-laundering rules despite multiple warnings from regulators

A confidential paper trail reveals Industrial and Commercial Bank of China (Canada) failed to address repeated orders from ...

5don MSN

China Construction Bank says it launched internal financial model based on DeepSeek R1

China Construction Bank said on Friday it had completed the private deployment of a large financial model based on DeepSeek ...

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