China's government has been buying shares in the country's four big banks, a move analysts expect to continue until jitters about high interbank lending rates and the economic outlook ease.» Read More
*'Big Four' China banks lackluster despite higher state stakes. HONG KONG, June 18- Hong Kong shares ended little changed after two days of gains with investors selling recent outperformers and turnover low as markets braced for the U.S.
*'Big Four' China banks lackluster despite higher state stakes. HONG KONG, June 18- Hong Kong shares slipped after two days of gains with investors selling recent outperformers and turnover low as global markets brace for this week's U.S.
HONG KONG, June 7- The most anticipated IPO since Facebook has attracted lawyers, bankers and potential investors, showering China's Alibaba with attention ahead of a stock offering that some say could exceed $15 billion. J.P. Morgan CEO and Chairman Jamie Dimon met with Ma during a China trip this week, a person familiar with the matter told Reuters.
BOSTON, June 5- Insurer American International Group Inc has received a delayed deposit payment from the Chinese consortium buying its ILFC airplane leasing business, AIG said in a regulatory filing on Wednesday. Last week AIG said it had not received the payment as scheduled, a development that threatened to derail the deal, worth up to $4.8 billion.
HONG KONG, June 4- Hong Kong shares could rebound from a one-month closing low on Tuesday, after weak U.S. manufacturing data soothed jitters that the Federal Reserve would soon move to scale back its quantitative easing programmed. Elsewhere in Asia, Japan's Nikkei was down 0.9 percent, while South Korea's KOSPI was up 0.2 percent at 0038 GMT.
*China Foods dive after H1 profit warning. HONG KONG, June 3- Hong Kong and China shares stretched losing streaks on Monday, hurt by fears of tighter money supply and contrasting manufacturing surveys that compounded the uncertainty over the strength of the economic recovery.
HONG KONG, June 3- Hong Kong and China shares started the month with a modest rebound on Monday, led by financial and property stocks, although contrasting surveys of May manufacturing activity in the world's second-largest economy tempered index gains.
HONG KONG, June 2- Hong Kong leader Leung Chun- ying is facing fresh uncertainty over the political support he has from China after his campaign manager and close ally quit the cabinet last month because of a police investigation into his commodities trading business.
May 31- A Chinese group's purchase of ILFC, one of the world's largest airplane leasing businesses, could collapse after insurer American International Group Inc said on Friday it did not receive a scheduled deposit payment. AIG said last December it would sell up to 90 percent of ILFC for up to $4.8 billion.
May 31- Insurer American International Group Inc said on Friday it had not received a scheduled deposit payment related to its sale of airplane leasing company ILFC to a Chinese consortium. AIG said last December it would sell most of ILFC for up to $4.8 billion.
SHANGHAI/ HONG KONG, May 22- Chinese commodities firms importing everything from gold and rubber to base metals are struggling to get trade loans as banks scrutinise their activities and hold back credit following Beijing's orders to rein in currency speculation.
HONG KONG, May 21- Hong Kong shares fell from a 3-1/ 2- month high on Tuesday, hurt by a series of fund raising moves and Goldman Sachs' exit from Industrial and Commercial Bank of China, while China markets eked out a fifth straight daily gain,. The China Enterprises Index of the top Chinese listings in Hong Kong shed 0.9 percent.
HONG KONG, May 21- Hong Kong shares fell from a 3-1/ 2- month high on Tuesday, hurt by a series of fund raising moves and Goldman Sachs' exit from Industrial and Commercial Bank of China. *As of 0800 GMT, Industrial and Commercial Bank of China shed 2.1 percent after Goldman Sachs ended a seven-year investment in the country's largest lender.
HONG KONG, May 21- Hong Kong shares fell from a 3-1/ 2- month high on Tuesday, while China markets looked set for their first loss in five days, hurt by a series of fund raising moves and Goldman Sachs' exit from Industrial and Commercial Bank of China. The China Enterprises Index of the top Chinese listings in Hong Kong shed 1.1 percent.
HONG KONG, May 21- Hong Kong shares were poised to start down from a 3-1/ 2- month high on Tuesday, with Industrial and Commercial Bank of China sliding 1.8 percent after Goldman Sachs launched a sale of their remaining stake in the leading Chinese lender.
HONG KONG, May 20- Goldman Sachs Group Inc launched the sale of about $1.1 billion worth of Hong Kong- traded shares in Industrial and Commercial Bank of China on Monday, offering its entire remaining stake in the world's biggest bank by market value. The sale would be the final chapter in Goldman's investment alongside clients and employees in China's ICBC.
Bank of China has shut the account of North Korea's main foreign exchange bank, which was hit with U.S. sanctions in March.
China Galaxy Securities Co Ltd launched an up to $1.37 billion initial public offering on Monday, with 21 banks working as joint bookrunners- a record for the city. Joint bookrunner and joint global coordinator: ABCI, unit of Agricultural Bank of China Galaxy International Goldman Sachs JPMorgan Nomura.
Chinese executives at state-owned groups have long been among the lowest paid of their global peers, but even their apparently meager pay is generating controversy. The Financial Times reports.
HONG KONG, April 28- Hong Kong shares could start a holiday-shortened week off a six-week high on Monday, tracking Wall Street losses after a disappointing U.S. first quarter gross domestic product report.