SHANGHAI—China Construction Bank Corp. said six-month net profit rose 31%, as Beijing's anti-inflation efforts enabled the country's second-largest lender by assets to charge borrowers higher rates.
The state-run bank, also known as CCB, signalled Sunday that it is seeing more signs of problematic loans. Investors have closely watched the bank's loan book for signs that borrowers are having problems repaying their debts amid Beijing's efforts to curb spiraling property prices and curtail spending by local governments on infrastructure.
CCB is one of the country's four biggest lenders, and its exposure to China's property market is bigger than that of other ...
SHANGHAI—China Construction Bank Corp. said six-month net profit rose 31%, as Beijing's anti-inflation efforts enabled the country's second-largest lender by assets to charge borrowers higher rates.
The state-run bank, also known as CCB, signalled Sunday that it is seeing more signs of problematic loans. Investors have closely watched the bank's loan book for signs that borrowers are having problems repaying their debts amid Beijing's efforts to curb spiraling property prices and curtail spending by local governments on infrastructure.
CCB is one of the country's four biggest lenders, and its exposure to China's property market is bigger than that of other ...
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