China Construction Bank Corp


  • SHANGHAI, April 8- Hong Kong shares climbed on Tuesday, bolstered by gains in market heavyweight Tencent, while strength in banking stocks pushed the China Enterprises Index to a 2-1/ 2- month high. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong rose 1.6 percent to its highest closing level since Jan. 23.

  • SHANGHAI, April 7- Chinese banks are stuck in a lose-lose legal battle between domestic shipyards and foreign buyers over billions of dollars in refund guarantees that are supposed to be paid out if shipbuilders fail to deliver on time.

  • SHANGHAI, March 31- Hong Kong shares finished up 0.4 percent on Monday as casino operators gained ahead of the release of monthly Macau gambling revenue data, while China Construction Bank climbed on forecast-beating results. The Hang Seng Index closed at 22,151.06 points.

  • YANCHENG, China, March 27- The rumour spread quickly. A small rural lender in eastern China had turned down a customer's request to withdraw 200,000 yuan.

  • Alibaba launches entertainment investment fund Wednesday, 26 Mar 2014 | 6:04 AM ET

    BEIJING, March 26- China's Alibaba Group Holding Ltd, the world's biggest e-commerce company, will launch a fund that allows customers to invest in entertainment products, the company said on Wednesday, as it expands its financial services platform.

  • *Hong Kong at one-week high on short-covering. HONG KONG/ SHANGHAI, March 24- Shares in Hong Kong and China shares rose on Monday as a weak factory survey heightened expectations that Beijing will have to unveil stimulus measures soon to avert a sharper downturn in the world's second-largest economy.

  • SHANGHAI/ HONG KONG, March 19- A denial by China's central bank that it is involved in emergency talks to bailout a troubled property developer reinforced signals Beijing is now more willing to let banks and other investors take losses on loans. However, the reports "did not accord with reality", the People's Bank of China said in a post on China's Twitter- like Weibo.

  • SEOUL, March 19- South Korea's authorities are inspecting units of four foreign banks over a spike in yuan holdings, regulatory sources told Reuters on Wednesday, reflecting Seoul's concern about potential risks posed by the rapid rise in exposure to China's markets and its currency.

  • HONG KONG/ SHANGHAI, March 13- Chinese stocks rose on Thursday, pulling up Hong Kong's market, led by banking counters that could be the first ones joining an anticipated preferred shares pilot programme in the mainland. The China Enterprises Index of the top Chinese listings in Hong Kong rose 1.4 percent.

  • *Cyclicals lead selloff after weak China data stokes slowdown fears. HONG KONG, March 10- China's CSI300 index slid to its lowest in nearly nine months early Monday, weighing on Hong Kong markets, after data showed exports unexpectedly tumbled in February, reigniting some fears of a slowdown in the world's second-largest economy.

  • SINGAPORE, March 10- Singapore's Temasek Holdings is shedding the skin of a sprawling sovereign investment house, cutting stakes in big publicly listed companies as it puts more money into growing private companies and private equity firms in search of better returns.

  • *China tech, Macau casinos outperform tepid market. *Coal stocks sink after Beijing declares' war' on pollution. HONG KONG, March 5- Hong Kong and China shares were sluggish early on Wednesday, with the Chinese banking sector weaker on worry about a possible default by listed company and Beijing's plan to introduce deposit insurance.

  • *Daqin Railway sheds early gains despite policy news. HONG KONG, Feb 17- Hong Kong shares hit their highest in three weeks early on Monday, led by insurers which posted strong January premium growth and helped by robust China bank lending data.

  • BEIJING, Feb 17- The big debate about how fast China's economy will grow this year can find some answers in the real world, where signs suggest the growth giant is slowly but surely losing its fizz.

  • HONG KONG, Feb 17- Having traded for years almost oblivious to the notion of risk, China's bond market, Asia's biggest outside Japan, has begun exhibiting characteristics of a genuine credit culture, with onshore investors demanding higher premiums for weak borrowers.

  • Asian equity markets ended lower on Thursday due to profit-taking and as investors focused on regional earnings reports.

  • China's COMAC learns plane building isn't easy Wednesday, 12 Feb 2014 | 7:47 AM ET

    SINGAPORE, Feb 12- Chinese planemaker COMAC is learning the hard way as it tries to compete with heavyweights Airbus and Boeing in developing a narrow-body aircraft, apparently exposed to the perils of the supply chain and program management issues.

  • Investors ditch Lenovo over aggressive dealmaking Tuesday, 4 Feb 2014 | 7:53 PM ET
    A pair of Lenovo 2-in-1 laptops and tablets.

    Investors ditched Lenovo shares as speculation of a third acquisition added to concerns about its aggressive dealmaking. The FT reports.

  • *Hong Kong reopens after New Year holiday, China reopens on Friday. Feb 4- Hong Kong shares stumbled in their first Year of the Horse trading on Tuesday, as the reopened market caught up with plunges elsewhere and Chinese growth-sensitive sectors led losses that made benchmark indexes reel.

  • Guess which bank has the most valuable brand Monday, 3 Feb 2014 | 7:22 AM ET
    Pedestrians walk past a Wells Fargo & Co. bank branch in New York.

    Wells Fargo held the top spot as world's most valuable banking brand, with a brand value of over $30 billion, according to a report on Monday.

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