CICHY News and Press, China Construction Bank Corp ADR From 03/30/22

China Construction Bank Corporation (CICHY) Q4 2021 Results Conference Call March 30, 2022 04:00 AM ET Company Participants Changmiao Hu - Secretary of the Board Guoli Tian - Chairman Zhihong Ji - Vice President Zhang Min - Vice President Yuanguo Cheng - CRO Conference Call Participants Ran X...

China Construction Bank press release (OTCPK:CICHY): FY GAAP EPS of RMB1.19. Revenue of RMB605.42B (+5.1% Y/Y). For further details see: China Construction Bank GAAP EPS of RMB1.19, revenue of RMB605.42B

The People’s Bank of China will cut the required reserve ratio for financial institutions by 0.5 percentage points on Dec. 15, 2021, a move that injects liquidity into the country’s economy.. That will bring the weighted average RRR for financial institutions to 8.4% after the r...

China continues to tighten the rules on its domestic tech sector, saying Tencent (OTCPK:TCEHY) must get approval from regulators to send out updates for its apps. The process could take up to seven days, according to state broadcaster CCTV. The new ruling comes after China's Ministry of Indus...

China's central bank asserts that most of the country's real estate businesses are stable and that the risks posed by China Evergrande (OTCPK:EGRNF) (OTCPK:EGRNY), the country's second-largest property developer, are "controllable." In a press conference, Zou Lan, director of the People's Ban...

August/September Fortune published the latest 500 "world's largest companies globally in 2020" (based on revenues) and 33 pay dividends. "A pandemic couldn’t disrupt the top spot on the Fortune Global 500 for 2020. Mega-retailer, Walmart landed at number one on the list of the ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips With the seemingly worsening crisis of property developer China Evergrande (OTCMKTS: EGRNF ), it may be time for investors to at least consider reducing exposure to companies tied to the world’s second-largest ...

China's central bank said it will protect consumers exposed to the housing market, though it didn't specifically name debt-laden China Evergrande (OTCPK:EGRNF) (OTCPK:EGRNY), Reuters reports, giving investors some confidence that spillover effects from the developer's liquidity crisis may be ...

Some holders don't expect to receive coupon payments on China Evergrande Group's (OTCPK:EGRNF -12.5%) dollar bonds that are due today, Reuters reports, citing a source familiar with the matter. The company has a 30-day grace period before an actual default. The bondholders expect the property...

Financial assets crashed worldwide on Monday as the second-largest property developer Evergrande collapsed. China has been in a property bubble for years, with home price-to-income ratios over 30X and the development of numerous vacant cities around the country. The PBOC already h...