Bank of China: the Bank of China latest news & updates, Photos - SHINE News

AI is powerful, but is there enough power for its rapid expansion? - China Tech News

AI is powerful, but is there enough power for its rapid expansion?

Financial giants such as Industrial and Commercial Bank of China ICBC and China Construction Bank are integrating AI technologies to enhance services including fraud detection and...

China moves swiftly to stabilize markets amid global financial turbulence - China Economy News

China moves swiftly to stabilize markets amid global financial turbulence

The Peoples Bank of China or the central bank also announced liquidity support through re lending facilities on Tuesday.

China's central bank vows to resolutely safeguard capital market stability - China Economy News

China's central bank vows to resolutely safeguard capital market stability

The Peoples Bank of China firmly supports the Central Huijin Investment Ltd Central Huijin to increase its holding of stock index funds and will provide sufficient re lending...

Four major Chinese state banks to raise 520 bln yuan via A-share issuance - China Money News

Four major Chinese state banks to raise 520 bln yuan via A-share issuance

The four commercial banks Bank of China China Construction Bank Bank of Communications and Postal Savings Bank of China published their plans through the Shanghai Stock Exchange....

2025-03-30 22:51 0

Former chairman of China Everbright Group sentenced for bribery - China Nation News

Former chairman of China Everbright Group sentenced for bribery

Li was found to have taken advantage of his various posts at institutions such as the Industrial and Commercial Bank of China and the China Everbright Group to assist others in matters...

2025-03-18 18:20 0

Former Agricultural Bank of China vice president indicted for graft - China Nation News

Former Agricultural Bank of China vice president indicted for graft

Lou Wenlong a former vice president of the Agricultural Bank of China has been indicted on charges of taking bribes according to the Supreme Peoples Procuratorate on Saturday.

2025-03-15 19:29 0

China issues 6.14 trillion yuan in new loans in first two months of 2025 - China Money News

China issues 6.14 trillion yuan in new loans in first two months of 2025

At the end of February outstanding yuan loans amounted to 261.78 trillion yuan up 7.3 percent year on year according to the Peoples Bank of China.

2025-03-14 18:11 0

China's foreign exchange reserves rise to US$3.23 trln - China Money News

China's foreign exchange reserves rise to US$3.23 trln

According to data released Friday by the Peoples Bank of China the countrys gold reserves increased to 73.

2025-03-07 20:17 0

China to cut RRRs, interest rates in light of economic, financial conditions in 2025 - China Money News

China to cut RRRs, interest rates in light of economic, financial conditions in 2025

The average RRR for Chinas financial institutions now stands at 6.6 percent and there is still room for further reduction Pan Gongsheng governor of the Peoples Bank of China ...

2025-03-06 21:24 0

China conducts 300-bln-yuan MLF operation to sustain banking liquidity - China Money News

China conducts 300-bln-yuan MLF operation to sustain banking liquidity

The MLF operation features a one year maturity period and an interest rate of 2 percent unchanged from the rate of the previous operation conducted last month according to a statement...

2025-02-25 12:44 0