• Sun
  • Apr 20, 2014
  • Updated: 3:59am

Chinese banks

Local banks march to Hong Kong

Three regional lenders are moving ahead with Hong Kong IPO plans due to a need for cash, but may be forced to scrap their plans if sentiment doesn't improve

Tuesday, 25 June, 2013, 12:39pm

Goldman Sach's ICBC sale is good sign for China banks

Temasek's boosting of its stake in ICBC is a positive signal for Chinese banks, reinforcing the view that their shares are currently undervalued

22 May 2013 - 1:37pm

Quest for capital intensifies for Chinese banks

A market-driven mechanism needs comprehensive services to support a sustainable development. The banks, the lending business of which contributes the bulk of their earnings, face pressure to meet raised capital adequacy requirements under regulations that took effect this year, accounting giant PwC said in a report yesterday.

10 May 2013 - 5:29am

Outgunning the West

Mainland China's largest banks capped a sixth year of record profits by posting a 21 per cent average return on equity (ROE), more than twice the rate earned by US and European competitors led by JP Morgan Chase.

29 Mar 2013 - 5:25am

CCB eyes bigger Taiwanese bank stake

Taiwan's financial regulator should relax the 5 per cent limit on mainland bank shareholdings in financial institutions on the island, China Construction Bank president Zhang Jianguo said yesterday.

7 Mar 2013 - 6:12am

Chinese banks must raise their game

With China's new administration in place, the National People's Congress and Chinese People's Political Consultative Conference will meet again in March to come up with a new framework for the next stage of China's economic growth. Boosting household consumption and private-sector-led growth will be at the top of the agenda.

15 Jan 2013 - 3:41am

Loan data at mainland banks raises concerns over credit quality

New loans extended by mainland banks fell last month but total financing soared, in a sign the economy is increasingly relying on riskier non-bank lending.

Banks doled out 454.3 billion yuan (HK$560 billion) in new loans in December, compared with 522.9 billion yuan in November and 640.5 billion yuan a year earlier, the People's Bank of China said yesterday.

11 Jan 2013 - 5:24am

Mainland banks expect revenue and margins to drop, survey says

The revenue and margins of the mainland banking industry are expected to fall in the next three years, according to a survey by the China Banking Association and PricewaterhouseCoopers China.

8 Jan 2013 - 4:21am

Mainland banks' bad loans worse than expected

Just how big the pool of bad loans is in the mainland's banking system has become a hot topic among economists and bankers, and even China's banking regulator, at financial forums in Beijing recently.

19 Dec 2012 - 2:37am

Chinese banks eye S.E. Asia deals

It's no secret that capital-rich Chinese financial institutions are set to aggressively expand outside the world's No 2 economy over the coming years, but it remains unclear where and how this ambition will be achieved.

18 Dec 2012 - 2:33am