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CIC net profit jumps 60pc on overseas gains

The net profit of China's US$575 billion sovereign wealth fund China Investment Corp (CIC) surged 60 per cent last year, helped by a 10.6 per cent return on its overseas investment portfolio.

27 Jul 2013 - 4:47AM

The net profit of China's US$575 billion sovereign wealth fund China Investment Corp (CIC) surged 60 per cent last year, helped by a 10.6 per cent return on its overseas investment portfolio.

CIC net profit jumps 60pc on overseas gains
Stopping at nothing in tough economic times
Minsheng rallies on profit growth

China Minsheng Banking, the nation's largest privately owned lender, said net profit surged 20 per cent in the first quarter as strong fee and commission earnings more than offset shrunken profits from making loans.

25 Apr 2013 - 6:15AM

China Minsheng Banking, the nation's largest privately owned lender, said net profit surged 20 per cent in the first quarter as strong fee and commission earnings more than offset shrunken profits from making loans.

Minsheng rallies on profit growth
Chongqing bank profit misses market target

The first mainland lender to release interim results in Hong Kong, the Chongqing bank yesterday said net earnings totalled 1.6 billion yuan (HK$2 billion) in the January-March period, compared with 1.4 billion yuan a year ago.

23 Apr 2013 - 5:07AM

The first mainland lender to release interim results in Hong Kong, the Chongqing bank yesterday said net earnings totalled 1.6 billion yuan (HK$2 billion) in the January-March period, compared with 1.4 billion yuan a year ago.

Chongqing bank profit misses market target