Tuesday, April 20, 2021
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Tag: BOC

Risk Crackdown Pushes Market Cap of Big State-owned Banks Above Book Value

China's dauntless campaign against systemic risk in the finance sector is driving up the share price of the country's biggest banks beyond book value. The...

China’s Central Bank Backs Use of SDR’s for Domestic Debt

One of PBOC's senior-most officials has voiced strong support for the expand use of IMF's Special Drawing Rights in several areas, including for the issuance of...

BOC Launches Two Issues of Non-performing Asset Backed Securities

Bank of China launched its first two issues of non-performing asset backed securities at the end of March, including the lender's first issue of securitised...

Growth in NPL’s Amongst China’s Big Four Banks Eases

China’s big four banks are pursuing concerted measures to reduce non-performing loans as economic expansion eases and profit growth slows down. The latest slew of...

BOC’s Net Profits Attributable to Shareholders Falls for the First Time

Bank of China (BOC) has posted negative growth in net profits attributable to shareholders for the first time in its history. According to BOC's 2016...

NPL’s Rise Amongst China’s Commercial Banks

A new research report from Bank of China points to an uptick in non-performing loans (NPL's) amongst China's commercial banking players. The report released by Bank...

HSBC Maintains Buy Rating for BOC, Reduces Target Price

A new report from HSBC Securities maintains a buy rating for Hong Kong stocks of Bank of China (03988), with a reduced target price. HSBC...

China’s Big Four Banks Whittle Away at Their Branches

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...

Chinese Banks Plan Over 96bn Yuan in Preferred Issuances Abroads

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...

Most Read

China Construction Bank VP Lu Jiajin Expected to Assume Chairmanship of Industrial Bank Following Two Year Vacancy

The vice-president of one of China's big six state-owned banks is tipped to assume the role of chairman of a leading regional...

Chinese Central Bank Researching New Cryptocurrency and Stablecoin Regulations

The People's Bank of China (PBOC) says it is currently in the process of drafting new measures for the regulation of cryptocurrencies...

China Launches Digital Renminbi Trials in 11 Cities, Stages Seven Digital Renminbi Lotteries in Year Following Start of Testing

Pilot schemes for use of the Digital Renminbi have spread to at least ten cities around China a year following the commencement...

Chinese Central Bank Commits to More Policy Support for Carbon Targets, Warns of Risk Arising from Transition Away from Fossil Fuels

The People's Bank of China (PBOC) has reiterated its commitment to green finance initiatives as part of efforts to satisfy the country's...