Bank of Communications Co., Ltd. news

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UPDATE 1-China's Bank of Communications seeks more private investors ...
BEIJING, July 25 (Reuters) - China's Bank of Communications Co Ltd (BoCom) plans to sell stakes to private investors under a government reform aimed at letting private capital play a bigger role in the economy, two people familiar with the matter said.
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BRIEF-Bank of Communications plans London branch, pending approval from ...
July 25 (Reuters) - Bank of Communications Co Ltd. * Says board agrees to set up branch in London, pending approval from regulatory authorities.
Bank of Communications Wins First Yuan Clearing Mandate in Seoul
Seoul is the third city in three weeks to have a lender appointed to settle transactions denominated in the Chinese currency. China Construction Bank Co. was selected for London on June 18, and Bank of China Ltd. was chosen for Frankfurt the following day.
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China's Shares Move Higher On Bank Sector
China's fifth largest bank, China's Bank of Communications Co Ltd set the pace when it announced its intentions to seek out additional private investors.
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Bank of Communications Mulls Plan to Reform Ownership Structure
Bank of Communications Co. said it's studying plans to deepen its mixed-ownership structure, a move that may introduce more private and foreign investment into the state-controlled bank.
China's BoCom considering hybrid ownership reform
Bank of Communications Co Ltd is studying feasibility plans for the implementation of hybrid ownership reforms to help improve its competitiveness.
Banks look to asset custody services as new profit source
Liu Shujun, general manager of the asset custody department at Bank of Communications Co Ltd, said laws should be drawn up to regulate the asset custody industry and a specialized supervisory department should be set up.
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China stocks soar as positive industrial data quells hard-landing fears
Investors will also like Monday's announcement that China's Bank of Communications Co Ltd. will sell stakes to private investors.
Hong Kong main share index closes at highest in over 3-1/2 years  The Star Online
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China shares close at highest since December as banks jump
The CSI300 of the leading Shanghai and Shenzhen A-share listings gained 2.8 percent to close at its highest this year. China's Bank of Communications Co Ltd plans to sell stakes to private investors under a government reform aimed at letting private ...
China main share index jumps to 7-month high, Hong Kong climbs too
China's Bank of Communications Co Ltd (BoCom) plans to sell stakes to private investors under a government reform aimed at letting private capital play a bigger role in the economy, two people familiar with the matter told Reuters on Friday.