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August 2, 2026
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Chinese Savers Have $23 Trillion And Few Options Beyond Stocks
  • Finance

Chinese Savers Have $23 Trillion And Few Options Beyond Stocks

Cs news10 months ago10 months ago08 mins

(Bloomberg) — Chinese households are tiptoeing back into equities, driven in part by a stark reality: Almost nothing else looks worth buying.  The CSI 300 Index has surged more than 25% since its April lows, fueled by enthusiasm over artificial intelligence and Donald Trump’s softer rhetoric on China. But other asset classes — from wealth…

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Bank of East Asia profits rise as wealth business offsets bad property loans in Hong Kong
  • Hong Kong News

Bank of East Asia profits rise as wealth business offsets bad property loans in Hong Kong

Cs news12 months ago02 mins

Bank of East Asia (BEA), Hong Kong’s largest family-owned lender, beat expectations with 14 per cent growth in its first-half net profit, as a robust wealth-management business offset an increase in bad debt from commercial real estate. The bank recorded HK$2.41 billion (US$309 million) in net profit for the six months to June, or 86…

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Two Ryan Reynolds & Samuel L. Jackson Action Movies Join Netflix Today 01
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Trump says he’ll revive ‘anti-weaponization’ fund if Blanche’s nomination for AG is blocked
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Judge Refuses xAI’s Request To Stop A Minnesota Law Banning ‘Nudify’ Apps
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Fed Chair Kevin Warsh Plays the Hawk But May Have a Dove Up His Sleeve
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German football body demands Fifa culture change after World Cup investment plan collapse
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