Interim Report 2018
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China Construction Bank 2018 Reduced U.S. Resolution Plan Public Section
China Construction Bank 2018 Reduced U.S. Resolution Plan Public Section 1 Table of Contents Introduction .................................................................................................................................................. 3 Overview of China Construction Bank Corporation ...................................................................................... 3 1. Material Entities .................................................................................................................................... 4 2. Core Business Lines ............................................................................................................................... 4 3. Financial Information Regarding Assets, Liabilities, Capital and Major Funding Sources .................... 5 3.1 Balance Sheet Information ........................................................................................................... 5 3.2 Major Funding Sources ................................................................................................................. 8 3.3 Capital ........................................................................................................................................... 8 4. Derivatives Activities and Hedging Activities ........................................................................................ 8 5. Memberships in Material Payment, Clearing and Settlement Systems ............................................... 8 6. Description of Foreign Operations ....................................................................................................... -
Three Red Lines” Policy
Real Estate Developers with High Leverage to See Inventory Quality Tested Under Broader “Three Red Lines” Policy October 28, 2020 In our view, the widening of regulations aimed at controlling real estate developers’ interest- ANALYSTS bearing debt would further reduce the industry’s overall credit risk in the long term. However, the nearer term may see less headroom for highly leveraged developers to finance in the capital Xiaoliang Liu, CFA market, pushing them to sell off inventory to ease liquidity pressure. Beijing +86-10-6516-6040 The People’s Bank of China said in September that measures aimed at monitoring the funding [email protected] and financial management of key real estate developers will steadily be expanded. Media reports suggest that the new regulations would see a cap of 15% on annual growth of interest-bearing Jin Wang debt for all property developers. Developers will be assessed against three indicators, which are Beijing called “red lines”: whether asset liability ratios (excluding advance) exceeded 70%; whether net +86-10-6516-6034 gearing ratio exceeded 100%; whether cash to short-term debt ratios went below 1.0. Developers [email protected] which breached all three red lines won’t be allowed to increase their debt. If only one or two of the red lines are breached, such developers would have their interest-bearing debt growth capped at 5% and 10% respectively. The first half of the year saw debt grow rapidly among developers. In a sample of 87 real estate developers that we are monitoring, more than 40% saw their interest-bearing debt grow at a faster rate than 15% year over year as of the end of June (see the chart below). -
Annual Report 2009 Corporate Profi Le
This report does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualifi cation under the securities laws of any such jurisdiction. No securities may be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Any public offering of securities to be made in the United States will be made by means of a prospectus. Such prospectus will contain detailed information about the company making the offer and its management and fi nancial statements. No public offer of securities is to be made by the Company in the United States. 本報告僅供參考,並不構成在美國或任何其他司法權區提呈出售建議或招攬購買任何證券的建議,倘根據任何該等司法權區的 證券法未進行登記或獲批准而於上述地區進行該建議,招攬或發售即屬違法。未辦理登記手續或未獲適用登記規定豁免前,不得 在美國提呈或發售任何證券。凡在美國公開發售任何證券。均須以刊發招股章程的方式進行。該招股章程須載有提出有關發售的 公司、其管理層及財務報表的詳盡資料。本公司不會在美國公開發售任何證券。 Contents 2 Corporate Profi le 3 Chairman’s Statement 6 Business Overview 15 Management Discussion and Analysis 19 Biographical Details of Directors and Senior Management 23 Corporate Governance Report 28 Report of the Directors 41 Independent Auditor’s Report 43 Consolidated Balance Sheet 45 Balance Sheet 47 Consolidated Statement of Comprehensive Income 48 Consolidated Statement of Changes in Equity 49 Consolidated Cash Flow Statement 50 Notes to the Consolidated Financial Statements 142 Financial Summary 143 Corporate Information Country Garden Holdings Company Limited • Annual Report 2009 Corporate Profi le Country Garden Holdings Company Limited (“Country Garden” or the “Company”) together with its subsidiaries, (collectively, the “Group”) (stock code: 2007.HK) is one of China’s leading integrated property developers. The Group runs a centralized and standardized business model that comprises construction, decoration, project development, property management, as well as hotel development and management. -
Digital Transformation of Traditional Chinese Banks
Open Journal of Business and Management, 2020, 8, 68-77 https://www.scirp.org/journal/ojbm ISSN Online: 2329-3292 ISSN Print: 2329-3284 Digital Transformation of Traditional Chinese Banks Ziyun Shu1*#, Shuk-Yu Tsang2*, Taoxuan Zhao3* 1Sichuan International Studies University, Chongqing, China 2Po Leung Kuk Celine Ho Yam Tong College, Hongkong, China 3Tianjin Yaohua High School, Tianjin, China How to cite this paper: Shu, Z.Y., Tsang, Abstract S.-Y. and Zhao, T.X. (2020) Digital Trans- formation of Traditional Chinese Banks. The paper examines the status quo of traditional Chinese banks under the at- Open Journal of Business and Manage- tack of the new digital giants in China—Alibaba (Alipay) and Tencent (We- ment, 8, 68-77. Chat). Traditional banks urgently need their own analysis and corresponding https://doi.org/10.4236/ojbm.2020.81005 changes in order to stand out in the tide of the times and not be oppressed by Received: September 16, 2019 digital giants. Banks have also launched their own e-commerce platform, but Accepted: December 6, 2019 there are many shortcomings. Based on the analysis of characteristics of digi- Published: December 9, 2019 tal platforms, the paper put forward corresponding suggestions to banks in Copyright © 2020 by author(s) and the ecosystem to better cope with future opportunities and challenges. Using Scientific Research Publishing Inc. a case study approach showing the traditional services provided by CCB’s This work is licensed under the Creative mobile banking (China Construction Bank, one of the famous traditional Commons Attribution-NonCommercial International License (CC BY-NC 4.0). -
Annual Report 2019 Mobility
(a joint stock limited company incorporated in the People’s Republic of China with limited liability) Stock Code: 1766 Annual Report Annual Report 2019 Mobility 2019 for Future Connection Important 1 The Board and the Supervisory Committee of the Company and its Directors, Supervisors and Senior Management warrant that there are no false representations, misleading statements contained in or material omissions from this annual report and they will assume joint and several legal liabilities for the truthfulness, accuracy and completeness of the contents disclosed herein. 2 This report has been considered and approved at the seventeenth meeting of the second session of the Board of the Company. All Directors attended the Board meeting. 3 Deloitte Touche Tohmatsu CPA LLP has issued standard unqualified audit report for the Company’s financial statements prepared under the China Accounting Standards for Business Enterprises in accordance with PRC Auditing Standards. 4 Liu Hualong, the Chairman of the Company, Li Zheng, the Chief Financial Officer and Wang Jian, the head of the Accounting Department (person in charge of accounting affairs) warrant the truthfulness, accuracy and completeness of the financial statements in this annual report. 5 Statement for the risks involved in the forward-looking statements: this report contains forward-looking statements that involve future plans and development strategies which do not constitute a substantive commitment by the Company to investors. Investors should be aware of the investment risks. 6 The Company has proposed to distribute a cash dividend of RMB0.15 (tax inclusive) per share to all Shareholders based on the total share capital of the Company of 28,698,864,088 shares as at 31 December 2019. -
Adaptive Fuzzy Pid Controller's Application in Constant Pressure Water Supply System
2010 2nd International Conference on Information Science and Engineering (ICISE 2010) Hangzhou, China 4-6 December 2010 Pages 1-774 IEEE Catalog Number: CFP1076H-PRT ISBN: 978-1-4244-7616-9 1 / 10 TABLE OF CONTENTS ADAPTIVE FUZZY PID CONTROLLER'S APPLICATION IN CONSTANT PRESSURE WATER SUPPLY SYSTEM..............................................................................................................................................................................................................1 Xiao Zhi-Huai, Cao Yu ZengBing APPLICATION OF OPC INTERFACE TECHNOLOGY IN SHEARER REMOTE MONITORING SYSTEM ...............................5 Ke Niu, Zhongbin Wang, Jun Liu, Wenchuan Zhu PASSIVITY-BASED CONTROL STRATEGIES OF DOUBLY FED INDUCTION WIND POWER GENERATOR SYSTEMS.................................................................................................................................................................................9 Qian Ping, Xu Bing EXECUTIVE CONTROL OF MULTI-CHANNEL OPERATION IN SEISMIC DATA PROCESSING SYSTEM..........................14 Li Tao, Hu Guangmin, Zhao Taiyin, Li Lei URBAN VEGETATION COVERAGE INFORMATION EXTRACTION BASED ON IMPROVED LINEAR SPECTRAL MIXTURE MODE.....................................................................................................................................................................18 GUO Zhi-qiang, PENG Dao-li, WU Jian, GUO Zhi-qiang ECOLOGICAL RISKS ASSESSMENTS OF HEAVY METAL CONTAMINATIONS IN THE YANCHENG RED-CROWN CRANE NATIONAL NATURE RESERVE BY SUPPORT -
CCAI/CCC Annual Charity Report 2008
CCAI/CCC Annual Charity Report 2008 Making a Difference - One Child at a Time Dear CCAI Families, Friends, and Supporters; Since we founded CCAI 16 years ago, CCAI touched thousands we have never experienced a more of children though the difficult year than 2008. The seemingly Blankets for Babies Project, unstoppable expansion of the child Earthquake Relief Fund, Safe referral time frame, the overwhelming Delivery for Orphans, Three- frustration and disappointment from Mei Therapy Project, Foster our waiting families, the alarming but Care Sponsorship, Orphan understandable decline of interest in Higher Education Fund, Love for China adoption, and the inability of Older Orphanage Kids (LOOK) Project, and our Henan Partnership. In 2008, 1,558 CCAI supporters donated $453,655.79 to fund 77 projects that have made a difference in the lives of more than 3,000 children from 50 orphanages in 15 provinces! (Above) Karen Bradley who spearheaded the Blankets for Babies Project visits Helping an orphan and changing a orphans in China. life... This is what all of you, our (Below) A child sleeps soundly covered in a new blanket. passionate and dedicated unsung heroes and heroines, have been doing “Would you please tell your donors on a daily basis. For your love and Children’s hearts are warmed by donations how timely their support has been in this of new winter clothes. commitment, we deeply thank and salute you. tragic time?” Director Li of the badly the CCAA to come up with meaningful earthquake-damaged Mianyang solutions to combat the orphanages’ Child placements may have slowed Orphanage told me as she shook my hand, resistance and thus free more trapped significantly, but the needs of the watching our local staff distribute milk, orphanage children to find loving orphans left behind in China are ever snacks, toys, and clothes to each child. -
P020110307527551165137.Pdf
CONTENT 1.MESSAGE FROM DIRECTOR …………………………………………………………………………………………………………………………………………………… 03 2.ORGANIZATION STRUCTURE …………………………………………………………………………………………………………………………………………………… 05 3.HIGHLIGHTS OF ACHIEVEMENTS …………………………………………………………………………………………………………………………………………… 06 Coexistence of Conserve and Research----“The Germplasm Bank of Wild Species ” services biodiversity protection and socio-economic development ………………………………………………………………………………………………………………………………………………… 06 The Structure, Activity and New Drug Pre-Clinical Research of Monoterpene Indole Alkaloids ………………………………………… 09 Anti-Cancer Constituents in the Herb Medicine-Shengma (Cimicifuga L) ……………………………………………………………………………… 10 Floristic Study on the Seed Plants of Yaoshan Mountain in Northeast Yunnan …………………………………………………………………… 11 Higher Fungi Resources and Chemical Composition in Alpine and Sub-alpine Regions in Southwest China ……………………… 12 Research Progress on Natural Tobacco Mosaic Virus (TMV) Inhibitors…………………………………………………………………………………… 13 Predicting Global Change through Reconstruction Research of Paleoclimate………………………………………………………………………… 14 Chemical Composition of a traditional Chinese medicine-Swertia mileensis……………………………………………………………………………… 15 Mountain Ecosystem Research has Made New Progress ………………………………………………………………………………………………………… 16 Plant Cyclic Peptide has Made Important Progress ………………………………………………………………………………………………………………… 17 Progresses in Computational Chemistry Research ………………………………………………………………………………………………………………… 18 New Progress in the Total Synthesis of Natural Products ……………………………………………………………………………………………………… -
Final KF China Report Design Singlepage
CHINESE CORRIDORS inMALAYSIA CHINESE CORRIDORS CHINESE CORRIDORS 2 IN MALAYSIA 2 IN MALAYSIA KEY TAKEAWAYSKEY TAKEAWAYS • China's Belt and Road Initiative• China's (BRI), Belt launched and Road in 2013,Initiative aims (BRI), to revive launched the in 2013, aims to revive the great Silk Road linking itgreat with SilkEurope Road through linking billionsit with ofEurope dollars throughof billions of dollars of infrastructure investment acrossinfrastructure six economic investment corridors. across six economic corridors. • Over the coming decades,• Over the thedevelopment coming decades, of the builtthe environment,development of the built environment, whether infrastructure or logisticswhether related infrastructure and in the or form logistics of new related townships and in the form of new townships or urban settlements along theor urban Belt Road settlements link, will along be considerable. the Belt Road link, will be considerable. • Malaysia, strategically positioned• Malaysia, along strategically the Belt Roadpositioned link, alongoffers themany Belt Road link, offers many advantages in terms of abundantadvantages resources, in terms good of abundantgrowth potentials resources, and good growth potentials and similarities in culture due tosimilarities historical inties. culture The duecountry to historicalcan be China’sties. The country can be China’s gateway to Asean and beyond.gateway In fact, to Malaysia Asean and has beyond. seen an In upsurge fact, Malaysia of BRI has seen an upsurge of BRI related investments with Chinarelated -
Made in China, Financed in Hong Kong
China Perspectives 2007/2 | 2007 Hong Kong. Ten Years Later Made in China, financed in Hong Kong Anne-Laure Delatte et Maud Savary-Mornet Édition électronique URL : http://journals.openedition.org/chinaperspectives/1703 DOI : 10.4000/chinaperspectives.1703 ISSN : 1996-4617 Éditeur Centre d'étude français sur la Chine contemporaine Édition imprimée Date de publication : 15 avril 2007 ISSN : 2070-3449 Référence électronique Anne-Laure Delatte et Maud Savary-Mornet, « Made in China, financed in Hong Kong », China Perspectives [En ligne], 2007/2 | 2007, mis en ligne le 08 avril 2008, consulté le 28 octobre 2019. URL : http://journals.openedition.org/chinaperspectives/1703 ; DOI : 10.4000/chinaperspectives.1703 © All rights reserved Special feature s e v Made In China, Financed i a t c n i e In Hong Kong h p s c r e ANNE-LAURE DELATTE p AND MAUD SAVARY-MORNET Later, I saw the outside world, and I began to wonder how economic zones and then progressively the Pearl River it could be that the English, who were foreigners, were Delta area. In 1990, total Hong Kong investments repre - able to achieve what they had achieved over 70 or 80 sented 80% of all foreign investment in the Chinese years with the sterile rock of Hong Kong, while China had province. The Hong Kong economy experienced an accel - produced nothing to equal it in 4,000 years… We must erated transformation—instead of an Asian dragon specialis - draw inspiration from the English and transpose their ex - ing in electronics, it became a service economy (90% of ample of good government into every region of China. -
Chinese Construction Bank
China Construction Bank 2013 Tailored U.S. Resolution Plan Public Section 1 Table of Contents Introduction .................................................................................................................................................. 3 Overview of China Construction Bank Corporation ...................................................................................... 3 1. Material Entities .................................................................................................................................... 4 2. Core Business Lines ............................................................................................................................... 4 3. Financial Information Regarding Assets, Liabilities, Capital and Major Funding Sources .................... 5 3.1 Balance Sheet Information ........................................................................................................... 5 3.2 Major Funding Sources ................................................................................................................. 7 3.3 Capital ........................................................................................................................................... 7 4. Derivatives Activities and Hedging Activities ........................................................................................ 7 5. Memberships in Material Payment, Clearing and Settlement Systems ............................................... 7 6. Description of Foreign Operations ....................................................................................................... -
Charles Zhang
In a little over 35 years China’s economy has been transformed Week in China from an inefficient backwater to the second largest in the world. If you want to understand how that happened, you need to understand the people who helped reshape the Chinese business landscape. china’s tycoons China’s Tycoons is a book about highly successful Chinese profiles of entrepreneurs. In 150 easy-to- digest profiles, we tell their stories: where they came from, how they started, the big break that earned them their first millions, and why they came to dominate their industries and make billions. These are tales of entrepreneurship, risk-taking and hard work that differ greatly from anything you’ll top business have read before. 150 leaders fourth Edition Week in China “THIS IS STILL THE ASIAN CENTURY AND CHINA IS STILL THE KEY PLAYER.” Peter Wong – Deputy Chairman and Chief Executive, Asia-Pacific, HSBC Does your bank really understand China Growth? With over 150 years of on-the-ground experience, HSBC has the depth of knowledge and expertise to help your business realise the opportunity. Tap into China’s potential at www.hsbc.com/rmb Issued by HSBC Holdings plc. Cyan 611469_6006571 HSBC 280.00 x 170.00 mm Magenta Yellow HSBC RMB Press Ads 280.00 x 170.00 mm Black xpath_unresolved Tom Fryer 16/06/2016 18:41 [email protected] ${Market} ${Revision Number} 0 Title Page.qxp_Layout 1 13/9/16 6:36 pm Page 1 china’s tycoons profiles of 150top business leaders fourth Edition Week in China 0 Welcome Note.FIN.qxp_Layout 1 13/9/16 3:10 pm Page 2 Week in China China’s Tycoons Foreword By Stuart Gulliver, Group Chief Executive, HSBC Holdings alking around the streets of Chengdu on a balmy evening in the mid-1980s, it quickly became apparent that the people of this city had an energy and drive Wthat jarred with the West’s perception of work and life in China.