Stocks and Finance

Bank of China

Bank of China 10/26/2011

21:08 : Hong Kong stocks advance on bank earnings - LOS ANGELES (MarketWatch) -- Hong Kong stocks edged higher in early Thursday trading, with bank shares in focus after several major lenders announced earning results. The Hang Seng Index rose 0.7% to 19,192.82, while Hang Seng China Enterprises ...
Source : marketwatch-com
13:45 : S. Korea, China raise won-yuan swap deal - CHINA'S central bank says it has agreed with its South Korean counterpart to expand their currency swap deal as a backstop against global economic turmoil. The People's Bank of China signed the agreement with...
13:31 : Bank of China will issue American Express ([[AXP]] +1.6%) branded credit ... - Bank of China will issue American Express (AXP +1.6%) branded credit cards to its private clients. Transaction processors Visa (V) and MasterCard (MA) also have tried to tap China's ...
Source : seekingalpha-com
04:42 : Agbank Q3 net up 40.25 percent, outperforms forecasts - Agricultural Bank of China Ltd , the country's third-largest bank by market value, said on Wednesday that third-quarter net profit rose 40.25 percent, beating expectations.
Source : foxbusiness-com

Bank of China 10/19/2011

13:45 : Order of 45 C919s is biggest for maker - COMMERCIAL Aircraft Corp of China, also known as COMAC, yesterday signed a deal to sell 45 more C919 jets to ICBC Leasing Co in the biggest order so far for the 150-seat jumbo jet. The contract, signed yesterday,...

Bank of China 10/18/2011

18:08 : World: An expected softening in China's growth - World Watch A 9.1% year-on-year growth rate of GDP would generally be regarded as a stellar performance for any country. But for China, whose growth has averaged 10% over the past two decades, thebar is much higher. So much so that in light ...
Source : fxstreet-com

Bank of China 10/17/2011

09:01 : Jiang Jianqing made $150K last year while running the world's largest ... - Jiang Jianqing made $150K last year while running the world's largest bank, Industrial and Commercial Bank of China - compared to the roughly $10M hauled in by Brian Moynihan (BAC) and $20M for Jamie Dimon (JPM). “We can't be ...
Source : seekingalpha-com

Bank of China 10/12/2011

07:38 : China Guides Yuan Lower - The move by the People's Bank of China stood in sharp contrast to its recent efforts to guide the yuan higher against the dollar even as other currencies have been falling against it.
Source : wsj-com

Bank of China 10/11/2011

03:58 : U.S. stocks gained after the leaders of France - Currencies EUR/USD The euro traded at its strongest in almost three weeks after a Chinese state-run fund said it began buying shares of the nation’s biggest banks, bolstering Asian stocks and demand for higher-yielding assets. China’s ...
Source : fxstreet-com

Bank of China 10/10/2011

20:50 : Hong Kong stocks surge as banks soar - SYDNEY (MarketWatch) -- Hong Kong stocks surged in early trading on Tuesday, with the Hang Seng Index jumping 4.2% to 18,447.22. Banks were making outsized gains, with Industrial & Commercial Bank of China Ltd. up 6.9%, and Agricultural ...
Source : marketwatch-com
12:55 : China Buys Shares In Major Banks As Shadow Banking Credit Grows - China’s Central Huijin, the domestic arm of its sovereign wealth fund (SWF), announced it was buying shares in four of the largest state-owned banks in order to stabilize their share prices and support their operations. Acting as a capital injection, ...
Source : forbes-com
07:20 : An arm of China's SWF steps into the markets on Monday to support the ... - An arm of China's SWF steps into the markets on Monday to support the struggling share prices of 4 major banks.The prices of Commercial Bank (IDCBF.PK), Agricultural Bank, Bank of China, and China Construction Bank all ...
Source : seekingalpha-com

Bank of China 9/27/2011

00:34 : ICBC shares rally amid capital raising plan - HONG KONG (MarketWatch) -- Shares of Industrial & Commercial Bank of China Ltd. rallied more than 5% in Hong Kong morning trade on Tuesday, with the advance coinciding with news that China's largest lender by assets plans to raise ...
Source : marketwatch-com

Bank of China 9/26/2011

13:48 : Yuan at record high against the dollar - THE yuan hit a new record high yesterday after the central bank said it favored a more flexible exchange rate and would push for greater convertibility of the Chinese currency. The People's Bank of China set the...

Bank of China 9/25/2011

21:20 : Hong Kong stocks crawl higher in choppy trade - LOS ANGELES (MarketWatch) -- Hong Kong stocks bounced around in choppy trading early Monday, as some property shares jumped on comments from China's central bank chief, while some materials stocks sold off. The Hang Seng Index rose 0.3% to 17,712.42 ...
Source : marketwatch-com

Bank of China 9/20/2011

14:13 : BOC cuts exposure to eurozone woe - THE Bank of China, a big market-maker in the country's onshore foreign exchange market, has stopped foreign exchange forwards and swaps trading with several European banks due to the unfolding debt crisis in Europe,...
10:47 : Europe closes a volatile session sharply higher, regaining a good bit ... - Europe closes a volatile session sharply higher, regaining a good bit of yesterday's losses. Stoxx 50 +2.2%, Germany +2.9%, Italy +1.8%, Spain +1.7%, France +1.6%, U.K. +2%. French bank shares continue ...
Source : seekingalpha-com
09:23 : Bank of China Halts Forex Swaps - Bank of China has suspended trading of foreign-exchange swaps with BNP Paribas and UBS in China's domestic market, a move that could further agitate a local market increasingly nervous about the unfolding ...
Source : wsj-com
04:15 : Bank of China Halts Some Forex Swaps - Bank of China has suspended trading of foreign-exchange swaps with BNP Paribas and UBS in China's domestic market, a move that could further agitate a local market increasingly nervous about the unfolding ...
Source : wsj-com
02:18 : Bank of China halts FX swaps with some European banks: sources - Bank of China , a big market-maker in China's onshore foreign exchange market, has stopped foreign exchange forwards and swaps trading with several European banks due to the unfolding debt crisis in Europe, three sources with direct ...
Source : ibtimes-com
01:44 : Bank of China reportedly halts Europe forex swaps - LOS ANGELES (MarketWatch) -- Bank of China Ltd. has suspended foreign-exchange swaps with European banks, including BNP Paribas SA , according to reports Tuesday citing unnamed sources. Dow Jones Newswires said the ...
Source : marketwatch-com
00:36 : Bank of China halts FX swaps with some European banks - BEIJING/HONG KONG (Reuters) - Bank of China , a big market-maker in China's onshore foreign exchange market, has stopped foreign exchange forwards and swaps trading with several European banks due to the unfolding debt crisis in Europe, ...
Source : reuters-com

Bank of China 9/19/2011

20:57 : Hong Kong stocks rise, regaining some lost ground - LOS ANGELES (MarketWatch) -- Hong Kong stocks clawed back some ground early Tuesday, with the Hang Seng Index advancing 0.5% to 19,002.26 and the Hang Seng China Enterprises Index moving up 0.7%. Banks, which helped lead sharp losses on Monday, ...
Source : marketwatch-com

Bank of China 9/18/2011

20:59 : Hong Kong stocks drop, weighed by financials - LOS ANGELES (MarketWatch) -- Hong Kong stocks gave ground early Monday, as concerns over Europe's debt crisis sent financials lower, and with resources also pulling back sharply. In early moves, the Hang Seng Index was down 1.7% at 19,134.68, while the ...
Source : marketwatch-com

Bank of China 9/11/2011

21:05 : Hong Kong stocks join in Asia-wide sell-off - SYDNEY (MarketWatch) -- Hong Kong stocks fell sharply in early trading on Monday, joining in an Asia-wide sell-off. The Hang Seng Index dropped 3.1% to 19,252.64, with banks especially hard-hit as Europe's sovereign debt woes came back to the fore last ...
Source : marketwatch-com

Bank of China 9/8/2011

13:54 : Yuan QFII trials soon - THE People's Bank of China, the central bank, may start yuan QFII trials soon, allowing yuan funds raised in Hong Kong to be invested in the mainland's securities market, a senior official said yesterday. QFII,...
13:51 : No date for fully convertible yuan - THE central bank chief yesterday poured cold water on talk that China could make the yuan fully convertible by as soon as 2015. People's Bank of China Governor Zhou Xiaochuan said the nation's economic plan for...

Bank of China 8/29/2011

10:50 : Analysis: China keeps world guessing on yuan plan - Figuring out what the People's Bank of China is doing can be as perplexing as parsing a statement from Alan Greenspan, the notoriously opaque former U.S. Federal Reserve chairman.
Source : ibtimes-com

Bank of China 8/25/2011

21:08 : Hong Kong shares fall in early trade, but ICBC up - HONG KONG (MarketWatch) -- Hong Kong shares declined early Friday as a sell-off in U.S. and European markets put investors on the backfoot ahead of Federal Reserve Chairman Ben Bernanke's speech later in the day. The Hang Seng Index ...
Source : marketwatch-com
13:37 : ICBC, AgBank post record profits in H1 - THE Industrial and Commercial Bank of China and the Agricultural Bank of China Ltd yesterday reported record first-half profits on better pricing power for loans and dismissed rising concerns over loans to local ...
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