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China Construction Bank Corp

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  • Hong Kong shares close up, buoyed by U.S. optimism Friday, 19 Dec 2014 | 3:08 AM ET

    HONG KONG, Dec 19- Hong Kong shares finished up on Friday, climbing for a second day heartened by the prospect that U.S. interest rates will stay low for a while. Among the most actively traded stocks on Hong Kong's main board were CCT Land Holdings Ltd, unchanged at HK $0.02 G-Resources Group Ltd, up 1.7 percent at HK $0.18 and China Construction Bank Corp, up 1.0...

  • The strong debt issuance outlook comes on top of a record year for the "dim sum" bond market which has seen 324 billion yuan in bond issuance so far this year, a 74 percent increase from 2013 volumes, according to Thomson Reuters data. "It's trade settlement that drives the dim sum bond market in the end," said Andrew Malcolm, capital markets partner at Linklaters in Hong...

  • Dec 5- Hong Kong shares finished higher on Friday, mainly supported by overseas flows and increased investment from mainland investors via the Hong Kong- Shanghai stock connect, with financials leading gains. Among the most actively traded stocks on Hong Kong's main board were CCT Land Holding Ltd up 20.0 percent to HK $0.02, Bank Of China down 0.7 percent to HK...

  • SHANGHAI/ HONG KONG, Dec 4- Chinese brokerage Haitong Securities Ltd is in talks to buy Portuguese bank Banco Espirito Santo's investment banking unit as Chinese finance firms snap up more overseas assets to try to offset slowing growth at home. A purchase of the bailed-out Portuguese lender's unit would be Haitong's first acquisition outside China and Hong...

  • Hong Kong shares close higher as China stocks sizzle Thursday, 4 Dec 2014 | 3:10 AM ET

    HONG KONG, Dec 4- Hong Kong shares rose on Thursday as mainland China markets extended their blistering rally, with financial and energy stocks leading the gains. Among the most actively traded stocks on Hong Kong's main board were CCT Land Holding, down 6.3 percent to HK $0.02, Bank Of China, up 3.2 percent to HK $4.16 and China Construction Bank, up 2.4 percent to HK...

  • The competition intensified as banks bet on robust demand for the currency for use in the Shanghai- Hong Kong stock connect scheme, a landmark link that gives foreign and Chinese retail investors unprecedented access to the two exchanges. "Some banks actively stored yuan funds in the past few months, but now they found demand for the currency was not as strong as...

  • BEIJING, Nov 21- China cut interest rates unexpectedly on Friday, stepping up efforts to support the world's second-biggest economy as it heads towards its slowest expansion in nearly a quarter of a century, saddled under a mountain of debt. Beijing's first rate cut in more than two years comes as factory growth stalls and the property market, long a pillar of...

  • HONG KONG, Nov 20- The launch of the Shanghai- Hong Kong stock connect scheme this week has reduced borrowing costs for foreign companies looking to issue yuan-denominated debt in the offshore markets and may lead to more issuance in an already record year. A link that lets Hong Kong and Shanghai investors buy and sell shares on each other's bourses debuted on...

  • HONG KONG, Nov 6- The global journey of the Chinese currency is set to enter a new stage with the first yuan clearing bank in the Americas, to be launched in Canada soon, boding well for the growth of a yuan deposit pool and investor participation there. Canada is expected to finalise the creation of a yuan clearing center, sources familiar with the government's talks...

  • SHANGHAI, Nov 4- Hong Kong shares ended mixed in a volatile session on Tuesday, with Chinese listings in the territory gaining on optimism over planned reforms of state-owned enterprises. The Hang Seng Index unofficially closed down 0.3 percent at 23,845.66 points, while the China Enterprises Index of the leading offshore Chinese listings in Hong Kong rose...

  • LONDON, Oct 28- London Stock Exchange Group is aiming to list Chinese equity futures in London in the next stage of its plans to tap the world's second-largest economy, the bourse's chief executive told Reuters. Speaking at the Reuters China Summit on Tuesday, LSE Chief Executive Xavier Rolet said that a natural evolution of its strategy would be to develop...

  • SHANGHAI/ HONG KONG, Oct 23- Squeezed between cut-throat competition from online financing firms and rising funding costs, China's midsize banks are falling out of investors' favor as they increasingly lag behind the country's top five lenders. China's five biggest banks are Industrial and Commercial Bank of China Ltd, China Construction Bank Corp,...

  • SHANGHAI/ HONG KONG, Oct 23- Squeezed between cut-throat competition from online financing firms and rising funding costs, China's midsize banks are falling out of investors' favour as they increasingly lag behind the country's top five lenders. China's five biggest banks are Industrial and Commercial Bank of China Ltd, China Construction Bank Corp,...

  • BEIJING/ SHANGHAI, Oct 15- A day after China International Capital Corp's high-profile chief executive resigned, sources said on Wednesday that its chairman would also quit this year, highlighting the declining fortunes of the country's first investment bank. CICC made its name shepherding the biggest state-owned enterprises onto the Shanghai and Hong...

  • SHANGHAI, Oct 10- Hong Kong shares tumbled nearly 2 percent on Friday on weakness in global equity markets plus jitters over a possible flare-up in pro-democracy protests in the city. The China Enterprises Index of the top Chinese listings in Hong Kong fell 1.7 percent. The financial sector fell, erasing gains from Thursday, with Industrial and Commercial Bank...

  • SHANGHAI, Oct 10- Hong Kong shares slid on Friday afternoon, heading for their biggest percentage decline in two weeks on weakness in overseas markets and jitters over a possible flare up in pro-democracy protests in the city. The China Enterprises Index of the top Chinese listings in Hong Kong fell 1.7 percent. "The Hong Kong stock market is just following the...

  • SHANGHAI, Oct 9- Hong Kong shares finished higher on Thursday, buoyed by gains in global markets on expectations that the Federal Reserve would keep interest rates low for a longer period. The financial sector performed well, with Industrial and Commercial Bank of China rising 0.6 percent, China Construction Bank climbing 1.6 percent and HSBC Holdings PLC...

  • SHANGHAI, Oct 9- China shares retreated on Thursday as investors booked profits after a key index hit a 20- month high the previous day and ahead of major economic data next week. The Hang Seng Index gained 0.9 percent to 23,477.84 points, while the China Enterprises Index of the top Chinese listings in Hong Kong rose 0.7 percent. "The main reason behind the fall is...

  • Hong Kong shares rebound, lifted by China market Wednesday, 24 Sep 2014 | 4:07 AM ET

    HONG KONG, Sept 24- Hong Kong shares ended higher for the first time this week on Wednesday lifted by a stronger China market, with investor sentiment recovering after better-than-expected Chinese manufacturing activity. China Construction Bank Corp and Industrial and Commercial Bank of China each added more than 1 percent.

  • SHANGHAI, Sept 22- The missing chief executive of embattled German-listed Chinese shoe maker Ultrasonic AG has resurfaced in China to deny absconding with millions of dollars of company money, telling local media he had been travelling and lost his phone.