Briefly

China Post records fastest profit rise

China Post Group Corp reported robust profit growth in the first eight months, said Liu Aili, the group's chairman. The State-owned postal service provider saw its profit expand 21.94 percent year-on-year in the January-August period, a growth rate not seen in five years. Revenue expanded 9.37 percent from a year ago during the period.

Central bank injects liquidity into market

China's central bank on Monday carried out 10 billion yuan ($1.55 billion) of reverse repos to maintain liquidity in the banking system. The interest rate for the seven-day reverse repos was set at 2.2 percent, according to the People's Bank of China.

Xinhua - China Daily