China beefs up its biggest banks to boost the economy
Four of China’s largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in ...
China’s 4 top state-owned banks to raise US$72 billion from stock sales to boost capital
The fundraising comes after the National People’s Congress vowed earlier this month to recapitalise major state banks.
China’s Big State Banks to Get $71.6 Billion Capital Injection
Four of China’s largest banks are planning to raise up to $71.6 billion via share sales under a finance ministry-led plan ...
China Construction Bank Says It Launched Internal Financial Model Based on DeepSeek R1
China Construction Bank said on Friday it had completed the private deployment of a large financial model based on DeepSeek ...
China to Recapitalize Four Big Banks With $69 Billion
China’s Finance Ministry will inject $69 billion into four of the nation’s largest state banks via share placements, ...
China bank shares rise after $72 billion recapitalisation plan
BEIJING (Reuters) -Shares in China's big state-owned banks rose on Monday after the lenders unveiled around a $72 billion ...
China Construction Bank pledges to provide $1.10 trillion financing for private economy
China Construction Bank , one of the country's biggest commercial lenders, said on Tuesday that it would aim to provide no ...
Nikkei Asia4d
China's big bank shares mixed after $72bn capital injection unveiled
HONG KONG -- Shares of China's top state banks were mixed on Monday after four of them announced plans the day before to ...
China to inject $69 billion into four big banks to strengthen financial sector
China’s finance ministry will inject 500 billion yuan ($69 billion) into four of the nation’s largest state banks, following ...
Devdiscourse7d
China Construction Bank's DeepSeek R1 Initiative
China Construction Bank has successfully deployed a new financial model, based on DeepSeek R1, for internal use. Announced by ...
China.org.cn1d
Capital flows from listed banks demonstrate China's economic dynamism
The recently released 2024 annual reports of China's listed banks highlight the diverse dynamics of China's economic development, as banks, serving as the primary channels for corporate and household ...
CNN4d
China beefs up its biggest banks to boost the economy
Bank of China said it aims to raise up to 165 billion yuan and China Construction Bank plans private placements of up to 105 billion yuan, filings released by the banks on Sunday said. Bank of ...