Finance

China issues 50-year special treasury bonds worth 35 bln yuan - China Finance News
Finance

China issues 50-year special treasury bonds worth 35 bln yuan

China on Friday issued another batch of ultra-long special treasury bonds with a total value of 35 billion yuan (US$4.92 billion).
Citi completes sales of onshore consumer wealth portfolio in China to HSBC - China Finance News
Finance

Citi completes sales of onshore consumer wealth portfolio in China to HSBC

Citibank Group announced earlier this week that it has successfully completed the sales and full migration of its onshore consumer wealth portfolio in China to HSBC Bank China.
China's yuan loans grow by 11.14 trillion yuan in first 5 months - China Finance News
Finance

China's yuan loans grow by 11.14 trillion yuan in first 5 months

China's yuan-denominated loans rose by 11.14 trillion yuan (US$1.57 trillion) in the first five months of this year, central bank data showed Friday.
China's foreign exchange reserves rise to US$3.2320 trillion in May - China Finance News
Finance

China's foreign exchange reserves rise to US$3.2320 trillion in May

China's foreign exchange reserves rose to 3.2320 trillion US dollars at the end of May, up 0.98 percent from the end of April.
Shanghai bourse-listed firms report profits of over US$163b in Q1 - China Finance News
Finance

Shanghai bourse-listed firms report profits of over US$163b in Q1

Companies listed on the Shanghai Stock Exchange reported combined profits of 1.16 trillion yuan (US$163.2 billion) in the first quarter of the year, the bourse said on Tuesday.
China says to sell initial batch of long-dated bonds this week - China Finance News
Finance

China says to sell initial batch of long-dated bonds this week

China will start selling an initial batch of long-dated bonds this week, the Ministry of Finance announced on Monday.
China's yuan loans grow by 10.19 trillion yuan in Jan-April - China Finance News
Finance

China's yuan loans grow by 10.19 trillion yuan in Jan-April

China's yuan-denominated loans rose by 10.19 trillion yuan (US$1.41 trillion) in the first four months of this year.
China's foreign exchange reserves fall to US$3.2 trillion in April - China Finance News
Finance

China's foreign exchange reserves fall to US$3.2 trillion in April

China's foreign exchange reserves fell to 3.2 trillion US dollars at the end of April, down 1.38 percent from the end of March.
Lock-up shares worth about 66.4 bln yuan to become tradable in China - China Finance News
Finance

Lock-up shares worth about 66.4 bln yuan to become tradable in China

Lock-up shares worth approximately 66.4 billion yuan (US$9.34 billion) will be available for trading on China's bourses next week.
Shanghai-listed firms report steady revenue growth in 2023 - China Finance News
Finance

Shanghai-listed firms report steady revenue growth in 2023

Firms listed on the Shanghai Stock Exchange reported steady growth in operating revenue in 2023 as economic performance further improved.
Rebound seen in investor sentiment for IPOs Home appliance giants tap into 'new energy' arena Young entrepreneur seizes opportunities of times Hilton to open new hotels with bets on the hospitality boom China's auto sector sustains expansion in Jan-May, NEV boom continues New Shanghai policy ignites people's enthusiasm for home buying China fines Evergrande US$587 mln for fraud China Literature announces measures to empower content creators China's HH-100 commercial unmanned transport system demonstrator completes maiden flight China's SAIC Motor says 'deeply disappointed' by EU tariffs Future of technology at 2024 CTIS in the Pudong New Area China's railways handle 1.73 bln passenger trips in Jan-May More Chinese firms keen to expand overseas, survey finds AI systems, innovative products at expo for the elderly Despite opposition, European Commission plans to impose provisional tariffs on Chinese EVs Loans issued from China's housing provident fund nears US$211.01 billion in 2023 Company's gesture makes residents feel '5 years younger' Innovations galore! Shanghai's biggest sci-tech fair draws crowds Apple's Vision Pro to land in China this month Guangzhou, Shenzhen become latest Chinese cities to ease home-buying restrictions EU pre-discloses level of protectionist duties on imports of EVs from China Marriott International working to better environment 16th Straits Forum to be held in Fujian 11 Chinese firms in Kantar's valuable global brands' list Air taxi firms expect regulatory approval in 2026 Senior-care exhibition to showcase innovative products Shanghai optimizes real estate market policies, eases buying curbs Apple brings ChatGPT and more AI to devices, Wall Street yawns Nike to expand China-originated products globally China's passenger car sales grow in first five months Universal Music Group on song in Shanghai China to set up 300-bln-yuan relending facility for government-subsidized housing Cutting-edge crypto technologies to be revealed at city tech fair Japan automaker Daihatsu reports 1st loss in 31 years amid certification scandal Cruise liner in tune with North Bund terminal US Fed keeps interest rates unchanged at 5.25-5.5% as inflation cools China's producer price index down 1.4% in May Construction of waste-free city underway AI takes center stage as it trends at Computex 2024 China abolishes mortgage floor rates, cuts minimum down payment ratios to boost property market Chinese Great Wall Motor denies allegations of European market withdrawal Apple's iPhone sales rebound sharply in April with a 50% increase
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