Industrial and Commercial Bank of China Ltd

China’s ‘Big Four’ banks rally after state wealth fund boosts stake

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Bank of China is one of the major state-owned banks in China. Pictured here is a branch in Shanghai on March 27, 2023. Bloomberg | Bloomberg | Getty Images China’s sovereign wealth fund, Central Huijin Investment, increased its stake in four of the country’s biggest banks late Wednesday in what is seen as a move … Read more

China actual property shares rise as Beijing extends property help measures

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A crane with the China Vanke brand at a residential building website in China, on Sept. 28, 2021. Qilai Shen | Bloomberg | Getty Photos Inventory Chart IconStock chart icon Response from Chinese language banks have been muted. Hong Kong-listed shares of China Development Financial institution have been flat, ICBC was up 0.28% and Financial … Read more