China Construction Bank said on Friday it had completed the private deployment of a large financial model based on DeepSeek R1 earlier this year.

BEIJING (Reuters) -Four of China's largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in private placements from investors, including the finance ...

Fresh trouble is brewing for China's banks. The state is injecting 520 billion yuan ($72 billion) of capital into four big lenders, hoping to spark consumer-driven economic growth. But doing Beijing's ...

State-linked funds stepped in to rescue Chinese stocks this week as the battle with the US intensified. But it’s an expensive ...

BEIJING (Reuters) -Shares in China's big state-owned banks rose on Monday after the lenders unveiled around a $72 billion recapitalisation plan to boost their core capital. The recapitalisation aims ...

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 ...

Berkshire Hathaway is highly regarded for its financial performance and investment choices. Under Buffett (and Charlie Munger, until his 2023 death), Berkshire has grown significantly. It was the ...

The banking sector is currently facing challenges of limited profit growth, primarily due to factors such as narrowed net interest margins. This constraint has hindered the capacity to strengthen ...

Four of China’s biggest banks will raise a combined Rmb520bn ($72bn) through share sales to investors including the Ministry of Finance, as Beijing seeks to shore up its vast banking sector against ...

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

China's major State-owned commercial banks plan to raise up to 520 billion yuan ($71.7 billion) via private placements from investors, including the finance ministry, a forward-looking move which ...