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MINSHENG BANKING CORP
Alarmed by Evergrande, China's lenders hold back on new credit for property developers"The market is worried that real estate companies have a high concentration of cashflow problems, which would trigger large-scale bad debt ...- China Evergrande is not 'too big to fail', says Global Times editorEvergrande is scrambling to raise funds to pay its many lenders and suppliers and investors, with regulators warning its $305 billion of li...
- Wuhan shows world how economies may recover after the virusThe trajectory of Wuhan’s economy shows post-virus recovery will be rapid on a two-track path, expert says.
- China shares tumble despite central bank's move to aid economyOn Monday, the blue-chip CSI300 index opened 2.3 per cent lower.
- China to unleash over $100 billion of liquidityThe funds unlocked from the reserve ratio cut shouldn’t be used to support so-called zombie companies.
- Tens of thousands of jobs go as China’s biggest banks cut costsLenders from Citigroup to Deutsche Bank AG have cut staff and costs in revamps since the global financial crisis.
- 89 Chinese firms make it to Fortune Global 500 listDespite booming picture the list might indicate, not all firms on the Chinese mainland are exhibiting strong performance, assistant managin...
- China's smaller, nimbler stock funds are beating bigger rivalsSmaller stock mutual funds in China of lesser known firms such as Huashang and Soochow are handily outperforming bigger rivals from leaders...
- China Citic Group likely to bid for Bear Stearns stakeChina Citic Group, the overseas investment arm of the Chinese cabinet, may buy a stake in Bear Stearns, the US securities firm hit the hard...
- Four Chinese banks plans to set up aircraft leasing cosFour Chinese lenders, including the Industrial and Commercial Bank of China, the nation's largest, plan to set up their own aircraft leasin...
- China's first pvt bank raises CAR to 8.2%The 15-year hybrid bonds combine 3.3-billion-yuan fixed-rate bonds and one-billion-yuan floating-rate bonds.
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