Five Chinese banks will sell up to 15 billion yuan (US$2.47 billion) worth of negotiable certificates of deposit (NCDs) Friday, news portal Caijing.com reported Thursday, citing statements by the lend ...More
EJ Insight2013-12-12
China Merchants Securities Co., Ltd. (600999.CN) said it will set up a British subsidiary, investing up to US$22 million in the unit, the Panorama Network reported Wednesday. The subsidiary will apply ...More
EJ Insight2013-12-12
Anbang Property & Casualty Insurance Co. Ltd. has increased its shareholding in China Merchants Bank Co. Ltd. (03968.HK, 600036.CN) by 1.13 billion A shares, the bank said in a regulatory filing o ...More
EJ Insight2013-12-11
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Wednesday, Dec. 11: TOP STORIES Shanghai overtakes Hong Kong in competitiv ...More
EJ Insight2013-12-11
China Cosco Holdings Co. Ltd. (01919.HK, 601919.CN) is believed to have cashed in nearly 13.68 billion yuan (US$2.2523 billion) through the sale of 1.133 billion A-shares of China Merchants Bank Co. L ...More
EJ Insight2013-12-10
Hong Kong stocks closed higher Monday, bolstered by gaming plays and shipping counters. The benchmark Hang Seng Index rose 68 points, or 0.29 percent, to 23,881 points. The Hang Seng China Enterprises ...More
EJ Insight2013-12-09
Seven commercial banks have agreed to provide renminbi services to companies in the Shanghai Free Trade Zone. These include cross-border, two-way funding and cross-border borrowing. The lenders are Co ...More
EJ Insight2013-12-06
Goldpoly New Energy Holdings (00686.HK) has only years of losses to show as of now. However, there is hope on the horizon as recent developments suggest that the firm could be headed for better times. ...More
EJ Insight2013-12-05
Wenzhou's banking sector saw its non-performing loan (NPL) ratio rise to 4.31 percent in October, a 28-month high, Securities Daily reported Tuesday, citing data from the municipal banking regulator. ...More
EJ Insight2013-12-03
China Telecom Corp. Ltd. (00728.HK) rolled out on Thursday a mobile wallet service in collaboration with more than a dozen financial institutions, using the Near Field Communications (NFC) technologie ...More
EJ Insight2013-11-29
China Merchants Securities Co., Ltd. (600999.CN) said stockholder China Shipping (Group) Co. and three of its subsidiaries sold a combined 65.438 million shares in the brokerage between July 4 and Nov ...More
EJ Insight2013-11-28
China Merchants Securities Co. Ltd. (600999.CN), in cooperation with Guangfa Securities Co. Ltd. (000776.CN), will issue asset-backed bonds worth no more than 4 billion yuan (US$656.49 million), Secur ...More
EJ Insight2013-11-26
Forty-five listed property developers -- including China Vanke Co., Ltd. (000002.CN), China Merchants Property Development Co., Ltd. (000024.CN) and SOHO China Ltd. (00410.HK) -- amassed a combined 3. ...More
EJ Insight2013-11-25
China Merchants Property Development Co. Ltd. (000024.CN) has acquired a plot in northern Chongqing via a subsidiary for 4.01 billion yuan (US$658.16 million), the Securities Times reported Tuesday. T ...More
EJ Insight2013-11-20
Franklin Templeton Investments has trimmed its holdings in China Merchants Bank Co. Ltd. (03968.HK, 600036.CN) by selling 8.33 million H-shares of the mainland lender last Friday, Securities Times rep ...More
EJ Insight2013-11-20
Hong Kong stocks surged on Monday as additional documents showing the extent of the reforms agreed upon during the just-concluded Communist Party plenum buoyed investor sentiment. The benchmark Hang S ...More
EJ Insight2013-11-18
China Merchants Bank's (CMB, 600036.CN) newly established operation in the Shanghai free trade zone (FTZ) has been formally recognized as a branch, according to a regulatory filing late Thursday. The ...More
EJ Insight2013-11-15
Ten commercial banks have completed issuing 10 billion yuan (US$1.63 billion) worth of asset management products in a trial program, the China Securities Journal reported Friday, citing an unnamed sou ...More
EJ Insight2013-11-15
Hong Kong stocks lost nearly 2 percent Wednesday as investors dumped banking counters after a spike in a key bad loan data. The benchmark Hang Seng Index retreated 1.9 percent to close at 22,463 point ...More
EJ Insight2013-11-13
Hong Kong stocks ended lower in a volatile trading session Tuesday as markets on both sides of the border waited for clues to Beijing's economic agenda after the close of an all-important Communist Pa ...More
EJ Insight2013-11-12
