Business / Finance

Bank loan ratio hits record low: report

[2013-01-10 14:41]

China's bank loans as a share of all financing in the economy may have fallen to a record low, giving evidence of an increasing use of alternative financing channels.

China's 2012 new loans hit 8.2t yuan

[2013-01-10 10:13]

China's new yuan-denominated lending reached 8.2 trillion yuan ($1.3 trillion) in 2012, up 732 billion yuan year-on-year.

China Everbright Bank's profits rise 30%

[2013-01-09 13:49]

Net profits at China Everbright Bank, a mid-sized lender, rose 30.74 percent in 2012 to 23.62 billion yuan ($3.79 billion).

Chinese microcredit firms lend 600b yuan

[2013-01-08 17:21]

Chinese microcredit companies reported 600 billion yuan ($96.31 billion) in outstanding loans by the end of last year, up 52 percent year-on-year.

Big four banks issue 164b yuan of credit in Dec

[2013-01-08 16:07]

China's big four banks issued 164 billion yuan ($26.3 billion) of new credit in December, Economic Information.

China's IPO activity loses momentum in '12

[2013-01-08 09:22]

IPOs on China's A-share market slowed in 2012, with fewer newly listed companies and reduced fundraising, according to a financial data provider.

SPD Bank profits rise 25%

[2013-01-05 16:10]

Shanghai Pudong Development Bank saw its profits reach 34.16 billion yuan ($5.43 billion) last year, a preliminary financial report showed.

China remains largest gold producer for 6th year

[2012-12-28 15:23]

Chinais expected to remain the world's top gold producer for the sixth straight year in 2012, the China Gold Association said on Thursday.

Outflow of capital less than feared

[2012-12-28 11:13]

China's capital and financial account deficit in the third quarter was revised down to $51.7 billion from the previous figure of $71 billion.

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