state-owned banks Archives

China Vanke property sales rise in May, with the developer resuming investments after 3-month break

Debt-laden property developer China Vanke’s contracted sales rose in May as the country’s biggest home builder resumed investments in new projects after getting bank funding and following Beijing’s stimulus policies …

Fitch cuts outlook for China’s state-owned banks from stable to negative citing Beijing’s limited capacity to support them

by Anas Siddiqui

Regarding the adjustment for the banks’ outlook, Fitch said on Tuesday that the current size of China’s banking system is an important factor limiting the amount of support the central …

Chinese banks’ asset quality remains stable but interest margin pressures to continue : analysts

by Anas Siddiqui

Chinese banks will continue to grapple with interest margin pressures in the fourth quarter of 2023, analysts said, after the sector reported lacklustre earnings in the nine months ended September …