Industrial and Commercial Bank of China Ltd


  • 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 2- Hong Kong shares finished up 0.3 percent on Wednesday, with property stocks posting their biggest one-day percentage gain in over two years after state media reported that some Chinese cities may relax house purchasing restrictions. But the China Enterprises Index of the leading offshore Chinese listings in Hong Kong fell 0.8 percent.

  • *Hong Kong property shares also lifted. SHANGHAI, April 2- Mainland and Hong Kong property shares surged on Wednesday pushing local indexes into positive territory, after state media reported that several cities may relax house ownership restrictions.

  • SHANGHAI, March 28- Hong Kong shares rose on Friday on the back of strong bank earnings, helping the benchmark index have its best weekly performance since mid-February. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong closed up 1.3 percent, contributing to its best weekly performance since the week ending Nov. 22.

  • SHANGHAI/ HONG KONG, March 28- Hong Kong shares produced a solid gain early Friday, lifted by the financial sector on strong bank earnings, while mainland index edged up, held down by falls in tech stocks. The China Enterprises Index of the top Chinese listings in Hong Kong rose 1.6 percent.

  • SHANGHAI/ HONG KONG, March 27- China's biggest banks showed milder-than-expected signs of financial stress from loan defaults and shrinking profit margins, cheering investors even as the lenders this week posted their slowest profit growth since they became listed.

  • 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.

  • 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, March 11- Hong Kong and China shares rebounded early on Tuesday, led by some mid-sized bank stocks on expectation the country's annual parliamentary session will not unveil more aggressive reforms that could trim margins or restrict their lending.

  • *China banks hit by new liquidity regulations. *Tencent sinks after Facebook's WhatsApp deal. HONG KONG, Feb 20- Hong Kong shares fell from a four-week high early on Thursday, and losses accelerated after a preliminary private survey showed manufacturing activity in China slowed to a seven-month low, stoking fears of a more severe slowdown.

  • 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.

  • 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.

  • The deal, originally raised by China Credit Trust for an investment in a coal mining company and sold through the Industrial& Commercial Bank of China Ltd., is part of a burgeoning $6 trillion shadow banking sector.

  • Asian equity markets rebounded on Wednesday after a rate hike from the Turkish central bank soothed worries over volatility in emerging markets.

  • Only Japan can avoid armed conflict: ICBC chief Tuesday, 28 Jan 2014 | 2:37 AM ET

    The Chairman of the world's largest bank has said that it was up to Japan whether there would be armed conflict in the region.

  • China shadow bank says reached pact to avoid default Monday, 27 Jan 2014 | 6:45 PM ET

    A Chinese trust firm said on Monday it had reached an agreement to resolve a troubled high yield investment product.

  • Asian equities kicked off the week with sharp losses as fears over emerging markets continued to spook investors.

  • SHANGHAI, Jan 27- A Chinese trust firm said on Monday it had reached an agreement to resolve a troubled high yield investment product, just days away from what could have been a precedent setting default in China's shadow banking system.

  • *China Coal Energy further roiled by profit warning. HONG KONG, Jan 27- Hong Kong shares slumped to their lowest in five months on Monday, tracking a broad selloff in Asia as emerging economies became a new worry on top of ones about liquidity and growth in China.

  • Are China shadow banking woes exaggerated? Sunday, 26 Jan 2014 | 7:57 PM ET

    China's shadow banking troubles may be causing more hand-wringing than usual, but the problem may not be as systemic as analysts believe.

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