Industrial Bank profits rise 39% in 2010

2011-03-29 10:19:02

Industrial Bank Co, a mid-sized lender in China, reported on Monday that its net profits rose 39.44 percent to 18.52 billion yuan ($2.81 billion) in 2010 due to solid demand for consumer and corporate loans.

PBOC stresses management of liquidity, social financing

2011-03-29 09:42:37

The People's Bank of China (PBOC), the central bank, said Monday that the country would work to improve its prudent macro policies, boost effective liquidity management and keep financing from all sources at a reasonable level.

PBOC stresses management of liquidity, social financing

2011-03-29 09:42:37

Moody's says China banking system outlook stable

2011-03-29 09:10:07

Moody's Investors Service said Monday the outlook for China's banking system is stable over the next 12 to 18 months, and the country's banks have adequate cushions against rising non-performing loans (NPLs).

Private jet sales taking off

2011-03-29 07:53:41

China has become the fastest-growing market for Airbus' private jet business, with at least 25 corporate jets to be sold in the next five years.

Chinese shares close mixed Monday

2011-03-28 16:13:37

Chinese shares closed mixed Monday with the benchmark Shanghai Composite Index up 6.19 points, or 0.21 percent, to 2,984.01.

China Construction Bank profits rise 26% in 2010

2011-03-28 09:28:00

China Construction Bank (CCB), the country's second largest lender by market value, said Sunday that its net profits rose 26.39 percent year on year to 135 billion yuan ($20.45 billion) last year.

Hua Xia Bank reports 59% surge in net profit

2011-03-26 14:46:34

Hua xia Bank Co Ltd, a Chinese commercial lender, said Saturday that its net profits in 2010 hit 5.99 billion yuan ($907.6 million), representing an increase of 59 percent from the previous year.