The bank said in an announcement on Tuesday it enhanced the pricing management for loans and continued optimizing the structure of credit assets, which resulted in an increase in the average yield of loans. In the meantime, yields of non-restructuring-related debt securities and amounts due from banks and other financial institutions increased due to various factors including tightening liquidity in the market. These factors led to the increase in net interest margin.
The atmosphere outside the meeting is very festive. There's food and live music. Overall the demonstrations feel bigger and more organized than years past. pic.twitter.com/WBO9Nk03Mm
The best strategy is to buy undervalued growth stocks with high growth potential, said the TF report.
The bank attributed stellar performance to the rapid expansion of retail banking, which contributed more than half of the total revenue and nearly 70 percent of net profits.
The banking system reports a reasonable and sufficient level of liquidity at present, the People's Bank of China said in an online statement.
The author is a former director of public prosecutions for Hong Kong. The views do not necessarily reflect those of China Daily.
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The award ceremony will be held in Hotels & Preference Hualing Tbilisi hotel in Tbilisi on November 19. The event will be attended by the representatives of the government of Georgia, Ji Yanchi, ambassador of China, and other honored guests. The association of Georgian Sinologists is co-organizing the competition together with Sinomedia. The contest is supported by the embassy China in Georgia. "China expert 2017" is dedicated to the 25th anniversary of Georgia-China diplomatic relations.
The authorities have set a target of generally completing the key missions and control financial risk at a certain level by 2020, according to the PBOC official.
The authorities also encourage financial institutions to support these projects, especially through bank loans and insurance funds. The measures demonstrated the government's incremental efforts to counter downside risks amid renewed trade uncertainty, supporting infrastructure investment in the coming months, according to economists.
The authority’s chief executive, Tony Ko Pat-sing, said the additional 400 beds might not be enough to ease the huge pressure that hospitals are facing. He said medical resources should be reserved for more severe cases, so patients in a good condition might need to be quarantined in the community.