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Home > Latest

Lates News

date
06/05/2025
The US dollar against the offshore Chinese yuan has just broken through the 7.2200 yuan mark, with the latest reported at 7.2198 yuan, up 0.28% on the day; the US dollar against the onshore Chinese yuan is reported at 7.2260 yuan, down 0.51% on the day.
Latest
3 m ago
Goldman Sachs released a report stating that it is expected that the revenue growth of China Construction Bank in the first quarter of this year will gradually slow down, especially in market-related businesses due to the uncertainty of tariffs affecting the market, such as the decrease in daily trading volume and turnover rate. However, better-than-expected cost control may help offset the weak revenue growth. The most surprising performance compared to Goldman Sachs' predictions is the brokerage and investment banking businesses, as Goldman Sachs expected these businesses to benefit the most from the improvement in the capital markets. Despite the negative impact of rising bond yields during the quarter, investment income still exceeded Goldman Sachs' expectations. Goldman Sachs has lowered its revenue forecast for China Construction Bank for this year to 2027 by 3%, but raised its net profit forecast for the same period by 1%. The target price for China Construction Bank's H shares has been raised from HK$15.71 to HK$15.88, maintaining a "buy" rating.
3 m ago
Goldman Sachs: Raises China Gold target price to 15.88 Hong Kong dollars, expects slower revenue growth in the first quarter.
5 m ago
Liaoning: The overall heat of the province's cultural, sports, and tourism market continued to rise during the Labour Day holiday. The total tourism revenue increased by 26.84% compared to the previous year.
7 m ago
During the May 1st holiday, water tourism in Guangxi continues to be popular.
8 m ago
The benchmark index of the Indonesian stock market rose by 1% to 6,899.76.
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