What's news
China Daily | Updated: 2014-08-22 07:15
BoComm reports 5.6% increase in Q2 profit
Bank of Communications Co, the Chinese lender part-owned by HSBC Holdings Plc, reported a 5.6 percent increase in second-quarter profit as gains in fee and lending income outweighed provisions for bad loans. Net income for the three months ended June 30 climbed to 18.1 billion yuan ($2.9 billion) from 17.1 billion yuan a year earlier, the Shanghai-based lender said in a Hong Kong exchange filing on Thursday.
Lifan group invests $150 min Russian vehicle factory
Photo
