China, HK stocks climb as Beijing boosts banks' capital [Reuters (UK)]
CHINA MOBILE (CHL)
US:NYSE Investor Relations:
chinamobileltd.com/en/ir/reports.php
Company Research
Source: Reuters
China, HK stocks climb as Beijing boosts banks' capital | Reuters 4 Min Read * .SSEC +0.6 pct, .CSI300 +0.9 pct; .HSI +1.3 pct * China moves to shore up banks’ capital; financials rise * Tencent leads gains in Hong Kong after game approvals HONG KONG, Jan 25 (Reuters) - Stocks in Mainland China and Hong Kong rose on Friday after regulators announced new measures to beef up Chinese banks’ capital strengths, as economic growth cools at home and abroad. ** At the midday break, the Shanghai Composite index was up 0.6 percent at 2,606.58 points, up 0.4 percent for the week as of midday. ** China’s blue-chip CSI300 index rose 0.9 percent, with its consumer staples sector climbing 0.6 percent, the healthcare sub-index rising 0.2 percent, and energy companies advancing 0.4 percent. ** The smaller Shenzhen index was up 0.4 percent and the start-up board ChiNext Composite index gained 0.4 percent. ** China will allow insurance institutions to invest in tier-2 capital bonds and perpetual bonds i
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