Bank Of China Ltd (W8V.SG)
- Bloomberg
China’s Credit Yields Drop to Record Lows on Bond Bull Run
(Bloomberg) -- China’s local credit yields have fallen to the lowest level ever as investors load up on corporate bonds to boost returns in a financial system awash in liquidity. Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTesla Speeds Cheaper EV Plans, Calming Fears Over StrategyBillionaire Pinaults Fight to Pull Gucci Off the Discount RackRay Dalio’s Famous Trade Is Sputtering, Investors Bailin
- South China Morning Post
China Construction Bank sees more policy support from Beijing, despite pressure on state-owned lenders to boost profit
China Construction Bank (CCB) expects Beijing to introduce more policy support to bolster the economy, even as the nation's major state-owned lenders continue to face pressure to boost profits amid the prospect of benchmark rates decreasing further. "China's economy is showing signs of recovery, but there is room for more policy support, and big banks need to continue to support the real economy," CCB chief financial officer Sheng Liurong said on Tuesday during the bank's latest financial result
- South China Morning Post
CCB, BOC and China Everbright among Chinese lenders that have injected billions into 'whitelist' housing projects
Leading Chinese banks have injected billions of yuan into housing projects with the aim of financing the completion of pre-sold but yet-to-be-completed homes across the country, according to figures released by the lenders. The initiative, which falls under the so-called whitelist mechanism, is part of Beijing's efforts to revive a weakening property sector that accounts for a quarter of China's gross domestic product. China Construction Bank (CCB), one of the largest state-owned commercial bank
