New steps seen stabilizing property s asset quality ecns.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ecns.cn Daily Mail and Mail on Sunday newspapers.
A-share market listed lenders post mixed first-quarter earnings By JIANG XUEQING | China Daily | Updated: 2021-05-11 07:15 Share CLOSE The booth of Ping An Bank Co Ltd during an industry expo in Guangzhou, Guangdong province. [Photo/China Daily]
Chinese lenders listed on the A-share market posted divergent earnings performance during the first quarter of this year, according to published data.
Out of the 38 A-share listed banks, 11 achieved double-digit growth in net profit attributable to shareholders of the bank, while 10 recorded less than 3 percent growth in net profit growth or even a decline.
Among the nine A-share listed national joint stock commercial lenders, Ping An Bank Co Ltd posted 18.5 percent year-on-year growth in net profit attributable to shareholders of the bank, followed by China Merchants Bank Co Ltd (15.18 percent) and Industrial Bank Co Ltd (13.67 percent), China Minsheng Banking Corp Ltd (CMBC
Chinese lenders listed on the A-share market posted divergent earnings performance during the first quarter of this year, according to published data.
Out of the 38 A-share listed banks, 11 achieved double-digit growth in net profit attributable to shareholders of the bank, while 10 recorded less than 3 percent growth in net profit growth or even a decline.
Among the nine A-share listed national joint stock commercial lenders, Ping An Bank Co Ltd posted 18.5 percent year-on-year growth in net profit attributable to shareholders of the bank, followed by China Merchants Bank Co Ltd (15.18 percent) and Industrial Bank Co Ltd (13.67 percent), China Minsheng Banking Corp Ltd (CMBC), on the contrary, reported an 11.43 percent decline in net profit over the same period a year ago.
Capital flows to get boost, official says--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
China will encourage cross-border capital flows at a more open level, while also being careful not to cause huge fluctuations in the domestic financial market, the country s top banking and insurance regulator said on Tuesday.