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Industrial and Commercial Bank of China Ltd

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  • SHANGHAI, Oct 20- China shares rose on Monday on speculation of further policy easing after news that the country's central bank was set to inject funds into to several banks, while Hong Kong's market gained on positive U.S. data. The People's Bank of China is set to inject about 200 billion yuan worth of three-month loans into five or six listed banks to keep...

  • 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...

  • MOSCOW, Oct 14- Gazprom discussed possible trade and corporate financing along with bond issues with Industrial and Commercial Bank of China Limited, one of the world's biggest, the Russian state-controlled gas company said in a statement. In May, Gazprom has signed a $400- billion gas deal to supply China with gas over 30 years. Gazprom added that bond issues...

  • 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...

  • YANGON/ SINGAPORE, Oct 8- Myanmar has thrown open the door to foreign banks, but weak credit protection and tight restrictions on lending mean it's not a warm welcome, at least not yet. Nevertheless, with growth forecast at an annual 8.5 percent over the next few years, according to the International Monetary Fund's latest projections, and an economy where bank...

  • "Given its size, economic potential and its strategic position between China and India, Myanmar is forecast to be one of the fastest growing economies in the region over the medium term," Andrew Geczy, CEO of international and institutional banking for Australia and New Zealand Banking Group, said in a statement.

  • YANGON, Oct 1- Myanmar has granted nine foreign banks, including three Japanese lenders and Australia's ANZ, approval to operate on a limited basis- a move aimed at spurring foreign investment in an economy emerging from decades of military rule.

  • BEIJING, Sept 30- China's vast factory sector showed signs of steadying in September as export orders climbed, a private survey showed on Tuesday, easing fears of a hard landing but pointing to a still-sluggish economy facing considerable risks.

  • BEIJING, Sept 30- Activity in China's vast factory sector showed signs of steadying in September as export orders climbed, a private survey showed on Tuesday, easing fears of a hard landing but pointing to a still-sluggish economy facing considerable risks.

  • 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.

  • BEIJING, Sept 23- Chinese state metals trader Sinosteel Corp is not about to undergo a restructuring as a result of mounting debt, a company official said on Tuesday, denying domestic media reports.

  • *Agile Property plunges after rights issue plan. HONG KONG, Sept 22- Hong Kong shares slumped to two-month lows on Monday, as investors fretted that a preliminary factory survey on Tuesday could provide more evidence of a slowdown in China. The China Enterprises Index of the top Chinese listings in Hong Kong slid 1.8 percent to its lowest since July 22.

  • The 2nd U.S. Circuit Court of Appeals in New York directed two lower court judges on Wednesday to reexamine whether they had the authority to force compliance with court orders freezing accounts in China in light of a U.S. Supreme Court decision limiting federal court jurisdiction over foreign corporations.

  • HONG KONG, Sept 17- Hong Kong's benchmark index closed higher for the first time in nine sessions on Wednesday, tracking gains in U.S. markets on speculation the Federal Reserve would maintain a pledge on low rates when a two-day policy meeting ends later in the day.

  • 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.

  • LONDON, Sept 12- Britain will become first Western government to issue an offshore bond in China's renminbi currency, finance minister George Osborne said on Friday, deepening efforts to build financial links with the world's No.2 economy.