Bank of America sees Bank of China (03988) under performing the market, cutting its target price from HKD3.91 to 3.84.
BoA notes that BOC's net profits rose by...
China's big four state-owned banks are paring back on their regional branches as part of efforts to cut down on costs.
Last year Agricultural Bank of...
China Construction Bank's 2016 annual report indicates a slight uptick in net profits as well as a marginal decrease in non-performing loans.
According to the...
The major state-owned players are leading a widespread trend to slashing counter staff within China's banking sector.
Data from the the China Banking Association (中国银行业协会) indicates that...
Chinese banks are increasingly turning to overseas capital markets to raise funds, with a slew of preferred stock issuances set to hit Hong Kong in rapid succession.
In just...
Industrial Bank head Tao Yiping has unveiled structural reforms aimed at changing the financial institution's operating model.
At a recent press conference Tao said that...
TikTok-owner ByteDance appears intent on expanding the range of online services and products it provides with its application to register aNOTHER payments-related...
