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China Construction Bank Corp

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  • 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.

  • 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.

  • 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.

  • Hong Kong shares bounce off 8-week lows, China stays weak Wednesday, 17 Sep 2014 | 12:58 AM ET

    HONG KONG, Sept 17- Hong Kong shares rebounded from eight-week lows on Wednesday, tracking gains in U.S. markets on speculation the Federal Reserve will maintain a pledge to keep rates low when a two-day policy meeting ends later in the day. The China Enterprises Index of the top Chinese listings in Hong Kong rose 1.7 percent.

  • HONG KONG, Sept 17- Chinese firms listed in Hong Kong gained sharply on Wednesday helped by strength in Chinese banks after a media report said the central bank injected liquidity into the country's top lenders.

  • Britain eases rules for foreign bank branches Friday, 5 Sep 2014 | 7:53 AM ET

    LONDON, Sept 5- Foreign banks can operate as branches in Britain but only if they hold minimal deposits and meet other safeguards under new Bank of England rules partly aimed at making it easier for Chinese wholesale banks to set up shop in London.

  • Hong Kong shares close at highest level since May 2008 Wednesday, 3 Sep 2014 | 4:10 AM ET

    HONG KONG, Sept 3- Hong Kong's benchmark index made its largest daily gain in 9-1/ 2 months on Wednesday to close at its highest level since May 2008, while China's onshore markets took heart from upbeat results of two surveys on service sector activity.

  • HONG KONG, Aug 28- Hong Kong's benchmark index finished at a two-week low in choppy conditions on Thursday, hurt by continued weakness in the Chinese onshore market and poor corporate earnings. The Hang Seng Index closed down 0.7 percent at 24,741.00 points. China Construction Bank and Industrial and Commercial Bank of China both shed 1.2 percent.

  • BEIJING, Aug 18- China's new home prices fell in July from June for a third straight month and price softness spread to more major cities, underlining a worsening property downturn despite efforts by many local governments to shore up the sector.

  • Most Asian bourses traded higher on Thursday following a firmer finish on Wall Street overnight.

  • A board of stock indicators shows upward momentum on the floor of the New York Stock Exchange.

    Asian bourses saw robust gains on Monday following a positive lead from Wall Street last week as geopolitical jitters eased.

  • MOSCOW, July 31- Western sanctions will force foreign shareholders to dig deeper in their pockets to fund Russia's Yamal LNG project, key for Moscow's plans to carve out a greater share of the frozen sea-borne gas market, Novatek said on Thursday.