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  • November 29, 2014
  • Last updated: 5:10am
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Results 1 - 7 of 7 for bank deposits

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  1. Business - Money - STOCKS

    Vice Premier Ma Kai pledges support for Hong Kong-Shanghai stock connect scheme

    Posted Nov 28th 2014, 04:35am by Kwong Man-ki

    ... said. As an offshore centre, Hong Kong had the largest capital pool with yuan deposits of about 1 trillion yuan, Chan said. Outstanding yuan loans in the banking system reached 170 billion yuan ... reported to Ma on the impact of the Occupy movement on banks' operations. Chan added that the vice-premier said the protests would hurt the city's business environment. The launch ...

  2. Business - Money - STOCKS

    State media push for equity investing

    Posted Sep 05th 2014, 01:21am by BLOOM

    ... households' total assets as of last year, according to a June report from Credit Suisse. Bank deposits accounted for about 22 per cent while property made up 55 per cent. "You might even start ... presentations by the biggest listed banks in the past two weeks. Huang Shi got the message. The media campaign "did influence my purchase", said Huang, 26, who works in the finance industry ...

  3. Business - Money - STOCKS

    Mainland IPOs spark investor frenzy

    Posted Aug 15th 2014, 01:09am by BLOOM

    ... for borrowed funds. The central bank said on Wednesday that the deals helped fuel a record drop in yuan bank deposits last month as customers shifted funds to their brokerage accounts. "The main ... billion yuan (HK$824 billion) of bids for 3.2 billion yuan of new shares, an over-subscription rate 28 times bigger than that for the listing of Agricultural Bank of China at the height ...

  4. Business - China Business - STOCKS

    Surprise HK$3.09b cash call spurs investors to dump Longfor Properties

    Posted Sep 20th 2012, 12:00am by Peggy Sito

    ... that credit conditions are generally improving in China since early this year. The central bank has reduced interest rates by 0.5 per cent and bank deposit reserves thrice since November 2011," ...

  5. Business - Money - STOCKS

    Bank shares tumble after freeing of lending rates

    Posted Jul 23rd 2013, 12:00am by KANIS LI

    ... interest paid on deposits remains unchanged. Until Saturday, the floor for lending rates was 70 per cent of the central bank's benchmark rates. The PBOC still caps deposit rates at 110 per ... Kanis Li kanis.li@scmp.com Investors exit from sector on worries the central bank's deregulation move will intensify competition and lead to drop in interest income Bank shares tumble ...

  6. Business - Money - STOCKS

    Merchants Bank cash call sparks sector sell-off in China

    Posted Jul 25th 2013, 12:00am by JANE CAI

    ... they charge borrowers and what they pay on deposits. Small banks have been aggressive in doling out loans to compete with the state-controlled big lenders, and the capital-consuming nature of lending ... Jane Cai in Beijing xuejun.cai@scmp.com Regulator's approval of lender's 20b yuan fundraising plan prompts investor concerns that more mainland banks may follow suit Merchants ...

  7. Business - Money - STOCKS

    Carlyle's exit prompts sell-down in insurance stocks

    Posted Jan 09th 2013, 12:00am by Jeanny Yu

    ... An was also in the spotlight yesterday after the South China Morning Post reported the China Development Bank was reconsidering its decision to back a Thai conglomerate's US$9.4 billion bid ... attractive fundamentals. All major insurers are due to report full-year earnings in March. "The premium growth story is not quite convincing for Chinese insurers as the nation's banks have ...



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