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China Minsheng Banking Corp Ltd

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  • Hong Kong shares fall on weak China bank results Wednesday, 29 Apr 2015 | 4:09 AM ET

    April 29- Hong Kong stocks fell on Wednesday, weighed down by financial shares after two major Chinese banks reported weak first-quarter earnings, highlighting the drag from the slowing mainland economy. But in the long term, the Hong Kong market may benefit from further opening in China's capital markets. One other notable mover on Wednesday was Hong Kong-...

  • China stocks mixed as banks drag, Hong Kong market slips Wednesday, 29 Apr 2015 | 12:58 AM ET

    China's banking sub-index fell 0.9 percent, following weak bank results showing more evidence of a cooling economy and foreshowing earnings announcements by other major lenders later on Wednesday. Bank of Communications Co, the fifth-biggest lender, reported a sharp fall in first-quarter net interest margin late on Tuesday, while Agricultural Bank of...

  • Earnings report

    Asian markets opened mixed early Wednesday, as a drop in oil prices and a mixed reaction to a slew of earnings in Sydney offset an inspiring lead from Wall Street.

  • China’s anti-corruption probe hits finance sector Tuesday, 3 Feb 2015 | 6:39 PM ET

    China's anti-corruption campaign is spreading to the country's financial sector following the arrest of two senior bank officials in recent days.

  • The Australian Securities Exchange with boards displaying stock movements in downtown Sydney

    Asian stocks traded mixed on Tuesday, as a rebound in crude oil prices brought mixed blessings, while speculation that the Reserve Bank of Australia (RBA) will cut rates today continued to buoy Australian equities.

  • SHANGHAI, Feb 3- Bank of Beijing Co Ltd board director Lu Haijun is under investigation for serious disciplinary violations, the bank said, the latest high-ranking banker to fall under scrutiny as China's anti-corruption drive turns to the finance sector. The investigation comes after China Minsheng Banking Corp's president, Mao Xiaofeng, resigned on...

  • SHANGHAI, Feb 3- Bank of Beijing Co Ltd board director Lu Haijun is under investigation for serious disciplinary violations, the bank said, the latest high-ranking banker to come under scrutiny as China's anti-corruption drive turns to the finance sector. The investigation comes after China Minsheng Banking Corp's president, Mao Xiaofeng, resigned on...

  • Asian stocks started the week on the back foot, as data showing China's manufacturing sector remaining in a poor state, along with a less-than-stellar growth data from the U.S., fueled fresh worries over the global economy.

  • Feb 2- Hong Kong shares inched down on Monday after surveys showed activity in China's factory sector unexpectedly shrank for the first time in nearly 2-1/ 2 years in January. Among the most actively traded stocks on Hong Kong's main board were Chaoda Modern Agriculture Holdings Ltd, down 45.5 percent at HK $0.60, China Minsheng Banking Corp Ltd, down 3.1 percent...

  • *New listings, Arrest of China Minsheng president weigh. SHANGHAI, Feb 2- Stocks in China and Hong Kong fell on Monday after regulators approved a flurry of IPOs and as official data showed China's factory activity unexpectedly shrank in January. In Hong Kong, the Hang Seng index dropped 0.3 percent to 24,438.50 points.

  • Corruption shakes up China's biggest private lender Saturday, 31 Jan 2015 | 5:27 AM ET

    China Minsheng Banking's president has resigned for personal reasons hours after several Chinese media outlets reported he was being investigated.

  • BEIJING, Jan 31- China Minsheng Banking Corp said on Saturday that its president Mao Xiaofeng had resigned for personal reasons, hours after several Chinese media outlets reported he was being investigated by China's anti-corruption watchdog. The reports said Mao had been taken away earlier this week by the Central Commission for Discipline Inspection, the...

  • Asia stocks erase losses ahead of Fed, but Shanghai lags Wednesday, 28 Jan 2015 | 6:54 AM ET

    Asian stocks outside of Shanghai erased losses to end higher on Wednesday, but the mood was cautious ahead of the Federal Reserve's policy decision.

  • Commodity rout drag Asian stock markets lower Wednesday, 14 Jan 2015 | 8:53 AM ET

    The persisting turmoil in commodity markets ignited risk aversion in most Asian stock markets on Wednesday, with Tokyo and Sydney equities finishing at fresh lows.

  • BEIJING, Dec 29- Growth in China's manufacturing sector likely slowed to a 18- month low in December, a Reuters poll showed, adding to signs of a protracted slowdown in the world's second-largest economy that may prompt authorities to roll out more stimulus measures. "We expect the manufacturing sector to remain sluggish in December, in line with a continued...

  • China's bankers get first pay hike since financial crisis Wednesday, 24 Dec 2014 | 10:24 PM ET

    Chinese investment banks have awarded the first pay rises since the financial crisis, but salaries and bonuses still trail Western banks'.

  • Shanghai and Japan stocks close at multi-year highs Tuesday, 2 Dec 2014 | 6:34 AM ET

    Asian equities rose on Tuesday, with Shanghai and Japanese stocks closing at multi-year highs on hopes of Chinese stimulus and as investors dismissed Japan's rating downgrade.

  • China stocks surge on PBOC stimulus hopes Tuesday, 2 Dec 2014 | 4:50 AM ET

    Chinese stocks staged a late rally on Tuesday as speculation of more stimulus from the country's central bank helped to drive shares higher.

  • SHANGHAI, Dec 2- China Minsheng Bank shares rose by their 10 percent daily limit in Shanghai during afternoon trade on Tuesday, after the bank announced Anbang Insurance Group had bought 5 percent of its shares. The bank said late on Monday that China's Anbang Insurance Group currently holds 5 percent of its shares, which it said was due to Anbang's favourable...

  • SHANGHAI, Nov 28- China stock indexes rose for the seventh straight session on Friday and posted their biggest monthly gains in nearly two years, led by banking shares on speculation that a deposit insurance scheme would be unveiled soon. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 2.0 percent to 2,808.82 points, the highest...