Tuesday, April 23, 2024

Monthly Archives: March, 2017

HSBC Raises Two Year Profit Forecast for China Merchants Bank

A new report from HSBC securities maintains a "hold" recommendation for China Merchants Bank (600036) while raising profit forecasts its target price. According to the report...

Net Foreign Liabilities of Chinese Banks Hit USD8.7bn in 2016

The latest data from the State of Administration of Foreign Exchange (SAFE) indicates that China's banking sector saw its foreign financial liabilities hit USD$964.5 billion at...

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