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A service for global professionals · Friday, May 2, 2025 · 808,849,441 Articles · 3+ Million Readers
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Industrial & Commercial Bank of China News Monitoring

  • Published on May 1, 2025

    Private sector promotion law: A turning point for Chinese enterprises

    Workers at a production line of Chongqing Hwasdan Machinery Manufacturing Co., Ltd. in southwest China's Chongqing municipality, February 22, 2025. /Xinhua Workers at a production line of Chongqing Hwasdan Machinery Manufacturing Co., Ltd. in …

    Source: CGTN - Gov't Propaganda
  • Published on Apr 30, 2025

    New advisory firm targets public power players

    Dan Aschenbach partnered with Namsoo Lee to form Municipal Financial Solutions Associates. Dan Aschenbach and Namsoo Lee have launched a partnership between their municipal advisory firms. Municipal Financial Solutions Associates will cater to public power …

    Source: The Bond Buyer - New York - Neutral
  • Published on Apr 30, 2025

    ADQ prices $1bln dual tranche bond after books of $7bln

    Abu Dhabi Development Holding (ADQ) has priced its $1 billion dual tranche senior unsecured bond following strong investor interest, with books of more than $7 billion. The five year-tranche has a coupon rate of 4.50%, yield 4.635% and spread: T+ 85bp. The …

    Source: Zawya - Indeterminate
  • Published on Apr 30, 2025

    Chinese Bank Shares Slump as Earnings Show Margin, Profit Pain

    (Bloomberg) -- Shares of Chinese banks slumped following weak earnings, with analysts concerned the global trade war will further undermine their profit.   Lenders were the worst performers in the Hang Seng China Enterprises Index after some of them …

    Source: Mint - Neutral
  • Published on Apr 29, 2025

    Economic slowdown weighs on China’s big five banks

    names checkedShanghai/Hong Kong — China’s big five lenders on Tuesday reported narrower margins on their first-quarter earnings and some a drop in profits as the banking sector is hit by a protracted economic slowdown, with rising tariffs darkening …

    Source: BusinessLIVE - Pending
  • Published on Apr 29, 2025

    Futures Flat As Markets Brace For Earnings Tsunami

    US equity futures were unchanged, erasing a modest gain and loss earlier, after General Motors pulled earnings guidance for 2025 and put share buybacks on hold until it has more clarity on the impact of US tariffs. As of 8:15am, S&P futures were flat, …

    Source: Zero Hedge - Right-wing
  • Published on Apr 29, 2025

    How a 1-billion-yuan subsidy is powering China's cinema market

    Film posters are displayed at a cinema in Chongqing, China. /VCG Film posters are displayed at a cinema in Chongqing, China. /VCG The "China Film Consumption Year" was launched in Beijing on April 18. The initiative aims to boost domestic …

    Source: CGTN - Gov't Propaganda
  • Published on Apr 29, 2025

    Chinas Big Five banks post slimmer margins as economic challenges persist

    (Adds context in paragraphs 12-13 and 15, HSBC results in paragraphs 16-17, Moody's quote in paragraph 14) China's Big Five banks log thinner margins First-quarter profits fall for three lenders on year Non-performing loan ratios mostly flat By …

    Source: Mint - Neutral
  • Published on Apr 29, 2025

    China’s Big Five banks post slimmer margins as economic challenges persist

    [SHANGHAI/HONGKONG] China’s Big Five lenders reported narrower margins at the end of the first quarter on Tuesday (Apr 29), as profits fell for some on the slowing economy under the shadow of rising tariffs. As the property sector continues to struggle …

    Source: The Business Times Singapore - Neutral
  • Published on Apr 29, 2025

    Nurturing Tomorrow's Innovators

    Starting September 1, primary and secondary schools in Beijing will incorporate at least eight hours of AI education per academic year, according to an announcement from the Beijing Municipal Education Commission in March. The move emphasizes China's …

    Source: Beijing Review - Gov't Propaganda
  • Published on Apr 29, 2025

    China's tax refund upgrades: A recipe for greater economic vitality

    A tax refund center in Chengdu City, southwest China's Sichuan Province, April 14, 2025. /VCG A tax refund center in Chengdu City, southwest China's Sichuan Province, April 14, 2025. /VCG Editor's note: Matteo Giovannini, a special …

    Source: CGTN - Gov't Propaganda
  • Published on Apr 29, 2025

    Steady Start Tipped For Hong Kong Stock Market

    The Hong Kong stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had jumped more than 1,000 points or 4.5 percent. The Hang Seng Index now sits just above the 21,970-point plateau and it may …

    Source: RTTNews - Neutral
  • Published on Apr 29, 2025

    China Shares Likely To Remain Rangebound

    The China stock market has finished lower in two straight sessions, sliding more than 10 points or 0.3 percent along the way. The Shanghai Composite Index now sits just beneath the 3,290-point plateau and it's likely to hold steady in that neighborhood …

    Source: RTTNews - Neutral
  • Published on Apr 29, 2025

    China’s ICBC Posts Profit Drop as Mega Banks Feel Margin Pain

    China’s Industrial & Commercial Bank of China Ltd. posted a decline in profit in the first quarter as interest rate cuts weigh on the nation’s biggest lenders. Net income slid 3.99% to 84.2 billion yuan at China’s biggest bank, according to a Tuesday …

    Source: Mint - Neutral
  • Published on Apr 28, 2025

    Hong Kong Bourse May Reclaim 22,000-Point Level

    The Hong Kong stock market bounced higher again on Friday, one day after ending the three-day winning streak in which it had jumped more than 1,000 points or 4.5 percent. The Hang Seng Index now sits just above the 21,980-point plateau and it may see …

    Source: RTTNews - Neutral
  • Published on Apr 27, 2025

    Trump’s Plan to Restore US Financial Dominance

    Cultural politics aside, MAGA is a coherent conservative-nationalist project through and through. It aims primarily to restore some interconnected variables that were set up following the end of the Bretton Woods system in 1971. MAGA seeks to maintain the …

    Source: Jacobin - Left-wing
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