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23.01.26 - 05:30
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China Construction Bank Plans 100 Wealth Hires in HK (Bloomberg)
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China Construction Bank (Asia) plans to hire 100 people in Hong Kong over the next two years to capitalize on the growth of the wealth management sector. The bank's Deputy Chief Executive, Annie Chen, discussed the outlook for the private banking business on Bloomberg's The China Show. (Source: Bloomberg)...
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11.12.25 - 19:01
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JD.com Bets on Hong Kong Office Comeback With $450 Million Investment (Caixin)
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JD.com Inc. is investing HK$3.5 billion ($450 million) for a 50% stake in a prime Hong Kong office tower, the latest move by a Chinese mainland tech giant to tap the city's commercial real estate sector as signs of a market rebound begin to emerge.
The e-commerce company is purchasing the stake in the China Construction Bank Tower — located in the Central business district — from Lai Sun Development Co. Ltd., according to a Dec. 9 exchange filing. The transaction is subject to regulatory approvals and is expected to close in January 2026.
The transaction covers nearly 11,202 square meters (about 120,600 square feet) of office space in the 27-story building, which was completed in 2012 and sits atop a subway hub. The tower has a gross floor area of 229,206 square feet and is currently leased to China Construction Bank for its local operations, including a dedicated banking hall.
Unlike Alibaba Group Holding Ltd. and Ant Group Co. Ltd., which jointly acquired space in Causeway Bay for self-use this yea...
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10.12.25 - 06:36
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JD.com′s US$450 billion stake in Hong Kong Central tower eases Lai Sun debt woes (SCMP)
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JD.com has agreed to acquire a stake in a major office tower in Hong Kong's Central district, mirroring a property move by its rival Alibaba Group Holding and offering a financial lift to the cash-strapped developer Lai Sun Development.
Lai Sun Development and its parent Lai Sun Garment entered into an agreement with Jasmine Investment Development IV Limited, an investment entity of JD.com, to sell its 50 per cent stake in the China Construction Bank Tower for HK$3.5 billion (US$450 million),......
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28.11.25 - 10:24
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Zürich stärkt Rolle im Offshore-RMB-Markt (Finews)
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Zürich rückt im globalen Renminbi-Verbund weiter nach vorne: Beim von der China Construction Bank organisierten RMB-Forum zeigten hochrangige Vertreter aus China und der Schweizer Finanzindustrie, wie stark sich der Standort als Drehscheibe für grenzüberschreitende RMB-Transaktionen etabliert....
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20.10.25 - 21:01
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Chinas Consumer Loan Subsidy Draws Rapid Uptake (Caixin)
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More than 810,000 customers have signed up for a new consumer loan subsidy program offered by China Construction Bank Corp. (CCB), just one month after Beijing rolled out the initiative aimed at reviving household spending.
... Read more...
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29.09.25 - 12:15
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CCB (Asia) 1H Consolidated Profit After Tax HKD3.997B (AAStocks)
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China Construction Bank (Asia) announced that its consolidated profit after tax rose by 45.8% YoY to HKD3.997 billion for 1H ended June 30, 2025, while its total operating income amounted to HKD6.59 billion, up 35.9% YoY.~AAStocks Financial NewsWeb Site: www.aastocks.com...
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05.08.25 - 03:30
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UBTECH ROBOTICS Plans to Apply for Max. RMB200M Bank Credit (AAStocks)
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UBTECH ROBOTICS (09880.HK) announced that to better support the company's business expansion and other working capital needs, the board has resolved to apply for bank credit.The company's plan is to apply for a credit limit not exceeding RMB200 million from the Shenzhen Branch of China Construction Bank.~AAStocks Financi......
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27.06.25 - 20:03
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Driven by AI agents and large models powering new quality productive forces, LexinFintech wins The Asian Banker ′s Best AI Technology for Financial Technology Company in China (GlobeNewswire EN)
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Beijing, China, June 27, 2025 (GLOBE NEWSWIRE) -- On 26 June 2025, The Future of Finance China 2025 was held by The Asian Banker in Beijing. LexinFintech received The Asian Banker's “Best AI Technology for Financial Technology Company in China” in recognition of its pioneering innovations and applications in AI large models and agent‑based automation.The Asian Banker awards are renowned for their rigor, with winners selected by an international panel of bankers, consultants, and academics through a multi‑round evaluation process over several months. Often dubbed the “Oscars” of the Asia‑Pacific financial sector, the awards carry significant prestige.Other recipients of The Asian Banker's annual awards included major financial institutions such as Industrial and Commercial Bank of China (ICBC), China Construction Bank (CCB), and China Merchants Bank (CMB)....
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23.06.25 - 02:36
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Chinese banks′ stock rally lights up social media as FOMO grips investors (SCMP)
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The rally in Chinese bank stocks is captivating retail investors from Hong Kong to Shanghai and Shenzhen, making it one of the hottest topics on mainland social media platforms, with many asking if it is too late to jump on the bandwagon.
Benchmarks tracking Industrial & Commercial Banking Corp (ICBC), China Construction Bank (CCB), Bank of China and their peers have risen 24 per cent in Hong Kong and 17 per cent in onshore markets. The market-beating gains are even more spectacular, coming......
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