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New cloud native platform lifted average accelerator compute utilization from 35% to more than 60% and cut inference cost per 1 million tokens by more than 60% Key Highlights China Merchants Bank, one of China's leading commercial banks, w…
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Industrial and Commercial Bank of China (SEHK:1398) has drawn attention after joining China Merchan…
This article first appeared on GuruFocus. Three major Chinese banks have started testing a new loan-pricing system that could better reflect changing liquidity and funding costs across the financial market. Industrial & Commercial Bank of…
(Bloomberg) -- Linkerbot, a Chinese startup that specializes in making highly dexterous robotic hands, is considering an initial public offering in Hong Kong, according to people with knowledge of the matter. Most Read from Bloomberg US La…
Visa Inc. (NYSE:V) is one of the 15 Best S&P 500 Stocks to Look For in 2026. On January 15, Visa Inc. (NYSE:V) announced that it has enabled Apple Pay support for Chinese Visa cardholders. Eligible customers from the partnering Chinese ban…
SINGAPORE and SHANGHAI, Jan. 22, 2026 /PRNewswire/ -- Thunes, the Smart Superhighway to move money around the world, today announces the launch of faster, more reliable, and more transparent payments into China's mainland following a deepe…
SINGAPORE and SHANGHAI, Jan. 22, 2026 /PRNewswire/ -- Thunes, the Smart Superhighway to move money around the world, today announces the launch of faster, more reliable, and more transparent payments into China's mainland following a deepe…
SINGAPORE, Nov. 24, 2025 /PRNewswire/ -- Mercuria Energy Group Ltd. ("Mercuria") is pleased to announce the successful closing of its 2025 Asian Syndicated Revolving Credit Facilities (the "Facilities"), totaling over USD 2.3 billion equiv…
A Hong Kong subsidiary of China Merchants Bank has tokenised a US$3.5 billion money market fund on BNB Chain - the blockchain developed by the world's largest cryptocurrency exchange, Binance - as the city's real-world asset (RWA) drive co…
SHANGHAI (Reuters) -BYD's production slid for a second straight month in August, marking its first consecutive monthly contraction since 2020 in a further sign that the Chinese EV giant is putting the brakes on its massive years-long expan…
(Corrects percentage in July 2025 flight numbers compared with 2019 in paragraph 9) By Trixie Yap SINGAPORE (Reuters) -Jet fuel exports from South Korea, China and Southeast Asia to Europe likely hit a multi-year high in July as traders sh…
By Trixie Yap SINGAPORE (Reuters) -Jet fuel exports from South Korea, China and Southeast Asia to Europe likely hit a multi-year high in July as traders shipped out excess regional supply to cash in on higher European prices, according to…
LexinFintech Holdings Ltd. Beijing, China, June 27, 2025 (GLOBE NEWSWIRE) -- On 26 June 2025, The Future of Finance China 2025 was held by The Asian Banker in Beijing. LexinFintech received The Asian Banker’s “Best AI Technology for Financ…
(Bloomberg) -- BYD Co.’s shares rose to a record high in Hong Kong, expanding their premium over those trading on the mainland to the highest level ever. Most Read from Bloomberg NY Private School Pleads for Donors to Stay Open After Decla…
(Bloomberg) -- Shares of Chinese banks slumped following weak earnings, with analysts concerned the global trade war will further undermine their profit. Most Read from Bloomberg New York City Transit System Chips Away at Subway Fare Evasi…
JPMorgan’s JPM asset management business, J.P. Morgan Asset Management, will continue with its hiring plans in China as the Wall Street bank seeks growth in the world’s second-largest economy. Desiree Wang, chief executive officer of J.P.…
China stocks have fallen considerably over the past year. Companies of all sizes should be doing significant buybacks.
China’s biggest banks are lowering the deposit rates offered to savers, a move that could pave the way for the central bank to make interest-rate cuts to spur economic growth. Continue reading
Large commercial banks in China are planning to lower some deposit rates starting Friday, ahead of widely anticipated mortgage-rate cuts that will further squeeze their profit margins at a [crucial economic juncture](https://www. Continue…
(Bloomberg) -- Chinese steel trading website Zhaogang.com is nearing a deal to merge with a Hong Kong-listed blank-check company backed by China Merchants Bank Co.’s overseas asset management arm, people with knowledge of the matter said.…
Two major Chinese banks reported a growing number of non-performing loans (NPLs) on their books in the first half of the year as China's worsening property-market crisis puts increasing strain on lenders. Both Bank of Communications, China…
(Bloomberg) -- China’s financial regulator asked banks to respond to a bearish research report on the sector by analysts at Goldman Sachs Group Inc., underscoring heightened sensitivity in Beijing toward negative market commentary as the e…
Xiao-I Corporation SHANGHAI, China, May 05, 2023 (GLOBE NEWSWIRE) -- Xiao-I Corporation (Nasdaq: AIXI) (“Xiao-I” or the “Company”), a leading cognitive artificial intelligence (“AI”) enterprise in China, today announced that it has been re…
In this article, we will discuss the 11 most profitable Chinese stocks. If you want to see more stocks in this selection, go to the 5 Most Profitable Chinese Stocks. According to the World Bank, China has the second-biggest economy in the…
(Bloomberg) -- The disappearance of Chinese banker Bao Fan has come as a surprise to even some of his state-owned lenders, several of which are asking his firm for more information as they assess their exposure, according to people familia…
The selloff is the latest indication of the problems a slowdown in the property sector is having on the wider economy.
Half Year 2022 China Merchants Bank Co Ltd Earnings Presentation Shenzhen Aug 25, 2022 (Thomson StreetEvents) -- Edited Transcript of China Merchants Bank Co Ltd earnings conference call or presentation Monday, August 22, 2022 at 1:30:00am…
(Bloomberg) -- Half way to the point when Hong Kong will officially be enveloped by China, Beijing is not just calling the shots politically, but in vast swathes of the city’s $344 billion economy. Most Read from Bloomberg Hyundai Quietly…
(Bloomberg) -- FWD Group Holdings Ltd., the Asian insurer backed by billionaire Richard Li, has decided to postpone its Hong Kong initial public offering due to market volatility, according to people familiar with the matter. Most Read fro…
The country’s Central Commission for Discipline Inspection said Tian Huiyu was placed under investigation. He was abruptly removed from the helm of the state-backed lender days before.
China's top anti-corruption watchdog said on Friday that it was investigating Tian Huiyu, the former president of China Merchants Bank (CMB) who was removed from his post this week, for a suspected "serious violation of the party's discipl…
Vancouver, British Columbia--(Newsfile Corp. - April 19, 2022) - Inomin Mines Inc. (TSXV: MINE), ("Inomin", "MINE" or the "Company") reports completion of a ground magnetics survey on the Lynx property, generating numerous drill targets. A…
China Merchants Bank slumped by the most in more than a decade after the nation's biggest retail lender removed its top executive without giving a reason. Investors suffering a US$35 billion beating over two days would be asking for an exp…
(Bloomberg) -- China Merchants Bank Co. said its President Tian Huiyu is stepping down after spending nearly nine years building the lender into the nation’s king of retail banking. Most Read from Bloomberg Ukraine Update: Mariupol Defende…
China Merchants Bank has unexpectedly relieved Tian Huiyu of his role as president and chief executive officer, after the lender's stock plunged in Shanghai amid talk of investigations into the affairs of the country's largest retail bank.…
Vancouver, British Columbia--(Newsfile Corp. - April 11, 2022) - Inomin Mines Inc. (TSXV: MINE), ("Inomin", "MINE" or the "Company") is pleased to announce previously unreported significant magnesium (Mg) grades from historical 2014 drilli…