Leading Chinese banks have injected billions of yuan into housing projects with the aim of financing the completion of pre-sold but yet-to-be-completed homes across the country.
By Kimberley Kao China Citic Bank's net profit rose 7.9% in 2023, even as its top line fell. The China-based lender posted net profit of 67.02 billion yuan.
BEIJING (AFP) – The former chairman of state-owned Chinese banking giant Everbright Group has been arrested on suspicion of corruption and bribery, prosecutors said on Monday. The national corruption authority had “concluded its investigation into the suspected corruption and bribery case of Tang Shuangning, former party secretary and chairman of China Everbright Group, and transferred […]
Ex-chair of Chinese state-run bank Everbright held for corruption firstpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from firstpost.com Daily Mail and Mail on Sunday newspapers.