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Chinese Banks Interested in Expanding in Asia, Wong Says
November 17, 2009 21:14 EST -- Chinese lenders are interested in
expanding in Asia and Taiwan and Hong Kong offer opportunities
for the banks, said Stanley Wong, deputy general manager of
Industrial & Commercial Bank of China Asia Ltd., the Hong Kong
unit for the world’s most profitable bank. Wong was speaking in
an interview with Bloomberg TV.
China PBOC Sells 1-Year Bills at 1.7605% Yield, Traders Say
November 16, 2009 21:06 EST -- The People’s Bank of China sold one-
year bills today at a yield of 1.7605 percent, unchanged for the
12th week, according to traders at the Industrial and Commercial
Bank of China Ltd and the Agricultural Bank of China.
Moody’s Changes Seven Chinese Banks’ Rating Outlook to Positive
November 9, 2009 00:42 EST -- Moody’s Investors Service today
changed the outlook on the A1 long-term deposit, senior
unsecured and issuer ratings for seven Chinese banks to
“positive” from “stable,” it said in a statement.
ICBC Said to Get Approval to Offer Banking Services in Malaysia
November 3, 2009 21:54 EST -- Malaysia will issue a banking permit
to Industrial and Commercial Bank of China Ltd. as it seeks to
boost foreign direct investment, according to two people with
knowledge of the matter.
Malaysia to Give ICBC Banking License, Straits Times Reports
November 3, 2009 18:50 EST -- Malaysia’s government is set to give
Industrial and Commercial Bank of China Ltd. a banking license
in its bid to attract investment from China, the Straits Times
reported.
Hong Kong Family Banks ‘Very Likely’ to Be Acquired (Update1)
October 28, 2009 23:32 EDT -- Hong Kong’s publicly traded family-
run banks are “very likely” to be bought by larger competitors
as the cost of operating in the city rises, said a senior banker
at the local unit of China’s biggest lender.
Hong Kong Builders Seek Cheap Land on Home Price Jump (Update1)
October 27, 2009 23:47 EDT -- Hong Kong’s biggest developers
signaled they want cheaper land as the government seeks to
increase supply and curb speculation after home prices surged 28
percent this year.
Hong Kong Developers Seek Cheaper Land as Home Prices Surge
October 27, 2009 08:01 EDT -- Hong Kong’s biggest developers
signaled they want cheaper land as the government seeks to
increase supply and curb speculation after home prices surged
28 percent this year.
China PBOC Sells 1-Year Bills at 1.7605% Yield, Traders Say
October 26, 2009 22:06 EDT -- The People’s Bank of China sold one
year bills at a yield of 1.7605 percent, unchanged for the nint
week, according to traders at Industrial and Commercial Bank of
China and BOC International Holdings Ltd.
CCB's So Recommends ICBC, Belle, Denway, Tencent Shares: Video
October 20, 2009 00:08 EDT -- Peter So, head of research at CCB
International Securities Ltd., talks with Bloomberg's Caleb
Goddard about the outlook for China and Hong Kong stocks and
investment strategy.
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