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China China Construction Bank News. Service for global professionals. Constantly updated news and information about China.
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  • PBoC: Oct Loans Hit RMB 253B 11 Nov 2009 07:24 GMT
    ... of China (1398.HK, 601398.SH), Agricultural Bank of China, Bank of China (3988.HK, 601988.SH) and China Construction Bank (601939.SH, 0939.HK) extended a total of RMB 136 billion in new loans in October, ...

  • Floating-rate Bonds Favored on Inflation Forecast 11 Nov 2009 12:32 GMT
    ... Co., Ltd. (SHSE: 600030), Industrial and Commercial Bank of China (SEHK: 1398; SHSE: 601398), China Construction Bank (SEHK: 0939, SHSE: 601939), and Bank of China (SEHK: 3988; SHSE: 601988). After the ...

  • China's AgBank says Q3 net profit up 13 percent 11 Nov 2009 05:53 GMT
    ... are ICBC <0349.HK> <601398.SS>, Agricultural Bank of China, Bank of China <3988.HK> <601988.SS> and China Construction Bank <0939.HK> <601939.SS>. ...

  • China shares flat on October economic data; food shares up on higher retail sales 11 Nov 2009 10:36 GMT
    ... were mixed as new lending in October fell to the lowest in the year. China Construction Bank Ltd. shed 0.7 percent to yuan, Bank of China Ltd. ended flat at 4.19 ...

  • China Shares Flat On October Economic Data 11 Nov 2009 10:30 GMT
    ... were mixed as new lending in October fell to the lowest in the year. China Construction Bank Ltd. shed 0.7 percent to yuan, Bank of China Ltd. ended flat at 4.19 ...

  • China to let three banks trade bonds on bourses 11 Nov 2009 10:52 GMT
    ... Regulatory Commission has approved Bank of Communications, Industrial and Commercial Bank of China, and China Construction Bank to trade government and Chinese stock exchange-listed corporate bonds, Dow Jones Newswires reported, citing ...

  • Central Huijin may sell 80 bln yuan bonds - report 11 Nov 2009 15:00 GMT
    ... Huijin, the parent of Industrial and Commercial Bank of China (ICBC) ( ) and China Construction Bank (CCB) ( ), recently bought additional shares in the three lenders, and will continue ...

  • China banks drop on weak October new-loan data 11 Nov 2009 03:37 GMT
    ... line with expectations. Shares of Chinese banks dropped in Shanghai following the data, with China Construction Bank Corp. ...

  • China Construction Bank - SWOT Analysis - Aarkstore Enterprise 10 Nov 2009 08:20 GMT
    ... ...

  • China ignores IMF warnings, continues massive stimulus spending 10 Nov 2009 17:16 GMT
    ... lenders to positive from stable, including state-owned lenders Industrial & Commercial Bank of China, China Construction Bank, Bank of China and Agricultural Bank of China. Moody's credited the strong government support ...

  • China Lifts Fuel Prices; HK Attracts Liquidity 10 Nov 2009 01:12 GMT
    ... monitored to ensure that there are not abused. China’s financial stocks gained. ICBC and China Construction Bank rose 3.1%. China Life advanced 2.5%. Dongfeng Motor Group Co increased 1.7% after reporting ...

  • The Top 10 Chinese Banks by Assets 10 Nov 2009 12:16 GMT
    ... The top three banks are Industrial & Commercial Bank of China, China Construction Bank Corp and Agricultural Bank of China. Industrial & Commercial Bank of China (ICBC) is ...

  • Hang Seng Tipped To Track Higher Again 10 Nov 2009 02:32 GMT
    ... of China gained 2.61 percent, Industrial and Commercial Bank of China collected 3.1 percent, China Construction Bank gained 3.1 percent, PetroChina gained 2.03 percent and CNOOC added 1.31 percent. The lead ...

  • Morgan Stanley's CICC Stake: What's It Worth and Who Will Get It? 10 Nov 2009 05:32 GMT
    ... who will buy MS's CICC stake. In September 2004, during the stock reform of China Construction Bank (CCB), 43.35% of the bank's shares in CICC were transferred to its subsidiary China ...

  • Growing to the Sky 6 Nov 2009 18:38 GMT
    ... Zhongnan University of Economics & Law in Wuhan in 1986, he joined the state-run China Construction Bank for six years. He impressed then senior bank executive and current Chinese Vice Premier ...


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"We agree that the solution is not to rush to fiscal tightening, especially while credit markets are still recovering. Careful planning and timing withdrawal of extraordinary stimulus measures will help to avoid a ­double-dip recession."
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Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8262
EUR 1 = CNY 10.2572

Hong Kong Dollar:
USD 1 = HKD 7.7500
EUR 1 = HKD 11.6453

Macau Pataca:
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EUR 1 = MOP 11.9947

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Closing Stocks:
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Shenzhen A: 1,193.01(0.06%)
Hang Seng: 22,617.72(1.57%)
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