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ICBC, the world’s most profitable bank, gained 1.1 percent. Bank of China, the nation’s third-largest lender, added 1.5 percent. Full Article at Bloomberg.com
Related Articles
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China said Wednesday that massive government spending was paying off as a new wave of data showed the world's third-largest economy continued to strengthen following the worst global crisis in decades. Full Article at Sydney Morning Herald
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Nov. 11 (Bloomberg) -- China’s industrial production and retail sales accelerated in October, bolstering forecasts for economic growth to exceed 10 percent this quarter for the first time in more than a year. Full Article at Bloomberg.com
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Nov. 9 (Bloomberg) -- The following companies may have unusual price changes in China trading. Stock symbols are in parentheses, and share prices are as of the last close. Full Article at Bloomberg.com
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Former United Commercial Bank branches reopened Saturday as East West Bank branches in a move that will make East West the second-largest independent bank headquartered in the state, officials said. Full Article at SGVTribune.com
Related Quotes
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It’s another reflection of the broad strengthening of the Chinese economy
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There are increasing signs that the global economy is heading in a positive direction, but there are still many uncertainties
– Chen Deming (politician) SOURCE: Bloomberg.com -
Investors are worried that the stimulus plans will be phased out and the outcome will probably be a fragile and unsustainable growth
SOURCE: Bloomberg.com -
There’s general optimism that the things are improving
SOURCE: Bloomberg.com
