Minsheng Banking Corp http://www.globalpost.com/taxonomy/term/28196/all en China shares have best day in two weeks, give Hong Kong a boost http://www.globalpost.com/dispatch/news/thomson-reuters/130128/china-shares-have-best-day-two-weeks-give-hong-kong-boost <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* HSI +0.4 pct, H-shares +0.8 pct, CSI300 +3.1 pct</p> <p>* HSI stymied again at resistance at May 2011 high</p> <p>* China banks, brokers gain on policy cues</p> <p>* China Cosco hammered after profit warning</p> <p>By Clement Tan</p> <p>HONG KONG, Jan 28 (Reuters) - China shares jumped to their best day in two weeks on Monday, sparking Hong Kong gains, as investors welcomed comments by a senior central bank official seen as a tacit admission that bank profits need to be protected.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130128/china-shares-have-best-day-two-weeks-give-hong-kong-boost" target="_blank">read more</a></p> Economy of Hong Kong Minsheng Banking Corp Stock market Thomson Reuters Mon, 28 Jan 2013 09:30:35 +0000 Thomson Reuters 5740379 at http://www.globalpost.com China shares down 3.80% at midday http://www.globalpost.com/dispatch/news/afp/130625/china-shares-down-380-at-midday <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Chinese shares tumbled 3.80 percent by the break on Tuesday, extending the previous day's hefty losses as dealers fret over a liquidity crisis in the country's banking system that has squeezed lenders.</p> <p>The benchmark Shanghai Composite Index dived 74.56 points to 1,888.68, following a 5.30 percent dive on Monday.</p> <p>Investors have been spooked as cash dries up and the interbank rate -- the interest banks charge to lend to each other -- has jumped, raising fears they will cut back on loans, which would in turn drag on the economy.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130625/china-shares-down-380-at-midday" target="_blank">read more</a></p> Bank of China Business Financial economics Minsheng Banking Corp AFP Tue, 25 Jun 2013 05:31:35 +0000 Agence France-Presse 5866547 at http://www.globalpost.com China Minsheng Bank profit rises 11.4 pct in H1 http://www.globalpost.com/dispatch/news/xinhua-news-agency/140828/china-minsheng-bank-profit-rises-114-pct-h1 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Xinhua News Agency </div> </div> </div> <!--paging_filter--><p>BEIJING, Aug. 28 (Xinhua) -- China Minsheng Bank reported its net profit in the first half of 2014 rose 11.4 percent year-on-year to 25.57 billion yuan (4.15 billion U.S. dollars).</p> <p>Its non-performing loan ratio, however, edged up to 0.93 percent at the end of June from 0.85 percent at the end of last year, the lender said in a statement filed to the Shanghai Stock Exchange.</p> <p>China Minsheng Bank, listed in both Shanghai and Hong Kong, is the country's first national bank to be founded by private capital.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2014 Xinhua News Agency.</a></p> <p>Xinhua is China's state-run news agency.</p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/xinhua-news-agency/140828/china-minsheng-bank-profit-rises-114-pct-h1" target="_blank">read more</a></p> Minsheng Banking Corp Shanghai Stock Exchange Stock market Xinhua News Agency Thu, 28 Aug 2014 16:17:52 +0000 Xinhua News Agency 6243199 at http://www.globalpost.com