Finance

Finance

Technology reinvents the financial world

Industry experts at a Shanghai forum explain how artificial intelligence applications have become the center of attention.
Finance

China's commercial banks' net profits to grow 7.1% in 2018: report

China's commercial banks will post sound performance in 2018, with their combined net profits likely to grow 7.1 percent year on year, the Bank of Communications forecast.
Finance

China stocks nosedive, reversing earlier rally

China stocks took a nosedive on Friday from an earlier rally amid weaker-than-expected economic data.
Finance

Chinese leasing companies to face funding, capital pressure in 2019: report

Chinese leasing companies are likely to be pressured by capital and funding constraints and tighter regulation in 2019, says Fitch Ratings in its latest report.
Finance

Infrastructure optimism helps shares higher

Chinese stocks extended gains Thursday, buoyed by infrastructure-related shares.
Finance

Stocks rise on positive trade tweet by Trump

China's markets made modest gains after an optimistic tweet from US President Donald Trump about trade.
Finance

High loan growth still weighs on China regional banks: report

Chinese regional banks' capitalization and liquidity are under pressure from high loan growth, despite slowing asset growth and improving problem loan recognition, Moody's said.
Finance

China's fintech sector grows fast amid tighter regulations: report

Driven by the increased availability of third-party platforms, online financial services in China have seen rapid growth amid tightened regulations, Moody's Investors Service said. 
Finance

Technology 'a great accelerator' for China's credit card business

China's credit card business has been on the track of fast development and technologies have been a big  enabler for banks to deliver superb services to their customers. 
Finance

Shanghai bourse slumps on consumer shares

Household appliances led the fall.
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