CGMBF News and Press, China Minsheng Banking Corp Ltd

2023-12-31 16:44:00 ET More on IPOs IPO Offers Very Few Advantages To Investors IPO Roundup: SHEIN, Panera, Reddit and more Lz Technology Holdings Begins U.S. IPO Rollout For further details see: U.S. IPO market started to recover in 2023, but global mark...

As expected, China Evergrande (OTCPK:EGRNF) (OTCPK:EGRNY) let a deadline pass Thursday without paying $83.5M of interest due on a dollar bond, fueling fears that the Chinese property developer will let overseas investors absorb losses, Reuters reports. Evergrande, with $305B of liab...

The Chinese banking sector has performed relatively well thus far in this year as government policies such as the relaxation of the RRR (Reserve Requirement Ratio) has improved liquidity. In recent weeks, increasing concerns have, however, been expressed by many who believe that the stimulus h...