GO
Loading...

Industrial and Commercial Bank of China Ltd

More

  • Goldman Sachs was one of the first to spot the potential in China for preferred shares, a form of hybrid security which listed companies can sell to raise capital with minimal dilution in the value of shares held by existing stakeholders.

  • HONG KONG, Aug 13- China shares surrendered most early gains and ended flat on Wednesday after disappointing economic data sparked worry a recovery may be at risk despite government efforts to shore up growth.

  • HONG KONG, Aug 13- China and Hong Kong shares reversed gains and slipped into the red on Wednesday, after central bank data showed Chinese banks lent far less money than expected in July while money supply growth eased.

  • China's banks keep reporting bad loan levels well below what most analysts consider realistic, but their recent actions suggest the slowing economy may be squeezing borrowers and lenders harder than thought only a few months ago.

  • HONG KONG, Aug 7- China shares slid on Thursday as the country's large banks and oil firms extended a retreat from recent highs, while a weaker Macau gambling sector hurt by disappointing revenues weighed on Hong Kong markets. The Hang Seng Index and the China Enterprises Index of the top Chinese listings in Hong Kong each slipped 0.5 percent.

  • Asian equities followed their U.S. peers lower on Wednesday on worries that Russia-Ukraine tensions could escalate into a military conflict.

  • HONG KONG, Aug 6- Hong Kong and China shares dropped on Wednesday with investors taking profits on recently-strong Chinese blue-chip stocks and keeping an eye on declines in U.S. markets. The China Enterprises Index of the top Chinese listings in Hong Kong fell 0.8 percent to a two-week low.

  • 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.

  • Asian equities were mostly higher on Monday, led by a rally in Chinese markets, on optimism about the health of the world's second-largest economy.

  • HONG KONG, July 28- China shares jumped on Monday, with Hong Kong's index hitting its highest close in more than 3-1/ 2 years, on growing bets that the world's second-largest economy has turned a corner and as investors expect more growth-friendly policies.

  • HONG KONG, July 28- Hong Kong's benchmark index finished at its highest level in more than three years on Monday, as Chinese banks jumped after a Reuters report said the country's fifth-biggest bank by assets planned to seek more private investors.

  • HONG KONG, July 28- China shares closed at their highest since December on Monday, with gains led by the banking sector after a Reuters report said the country's fifth-biggest bank by assets planned to seek more private investors.

  • HONG KONG, July 25- China' index of leading Shanghai and Shenzhen shares posted its biggest weekly gain in over 10 months on Friday, powered by continued strength in blue chips which are seen benefiting from a coming stock exchange connection between Shanghai and Hong Kong.

  • Is Alibaba's move to disrupt banking failing? Tuesday, 22 Jul 2014 | 7:02 PM ET
    The logo of Yuebao, an investment product of Alibaba's online payments platform Alipay

    Alibaba's foray into online financial services was expected to disrupt China's bank sector, but now some believe it's no longer particularly radical.

  • China deepens Brazil ties, plans to build railways Thursday, 17 Jul 2014 | 7:45 PM ET
    Brazilian President Dilma Rousseff and Chinese President Xi Jinping.

    In a raft of energy, finance and industry accords signed, China and Brazil will team up to build railways.

  • BRASILIA, July 17- China expanded its trade partnership with Brazil on Thursday with $7.5 billion in financing for Brazilian miner Vale, the purchase of 60 passenger jets from planemaker Embraer and renewed commitment to invest in infrastructure.

  • BRASILIA, July 17- Brazilian aircraft maker Embraer agreed to sell up to 60 commercial passenger jets to China and mining company Vale received two new credit lines from Beijing, as the presidents of the two countries signed agreements to deepen commercial ties.

  • China, Brazil close plane, finance, infrastructure deals Thursday, 17 Jul 2014 | 12:59 PM ET

    BRASILIA, July 17- China and Brazil sealed their expanding commercial partnership on Thursday with a $5 billion credit line for Brazilian miner Vale and the purchase of 60 passenger jets from Brazilian planemaker Embraer.

  • BRASILIA, July 17- Brazil's Embraer SA agreed to sell 60 E-190 commercial passenger jets to China as part of a raft of deals signed by the presidents of the two countries to deepen commercial ties, the Brazilian government said on Thursday.

  • Brazil's Embraer signs deal to send 60 E-190s to China Thursday, 17 Jul 2014 | 10:23 AM ET

    Embraer will sell 40 planes to China's Tianjin Airlines, half of which will be the re-engined model known as E-190 E2, entering service in 2018. The Industrial and Commercial Bank of China Ltd will buy 20 aircraft, following an accord in 2012 to provide leasing for Embraer planes.