Frankfurt - Delayed Quote • EUR China Construction Bank Corporation (C6T.F) Follow Compare 0.7040 -0.0160 (-2.22%) As of 10:36 AM GMT+2. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Stocks to watch this week: Nvidia, Prudential, CrowdStrike and Foot Locker Earnings preview of key companies reporting this week and what to look out for. Top 25 global banks add 5.4% market value during Q2 2024, reveals GlobalData China Construction Bank and HDFC Bank stocks see over 15% growth while Canadian multinational bank TD Bank loses nearly 10% market value Market Chatter: Porch Group Sues China Construction Bank Over Alleged Reinsurance Scam Market Chatter: Porch Group Sues China Construction Bank Over Alleged Reinsurance Scam Porch sues China Construction Bank in US over reinsurance fraud losses Porch and its units accused the Chinese lender of conspiring with employees of the now bankrupt Israeli insurance firm Vesttoo to issue dozens of fake reinsurance letters of credit that guaranteed insurance companies access to reinsurance funds, according to a complaint filed to the U.S. Southern District Court of New York on Thursday. Porch and its unit, the Homeowners of America Insurance Co, paid tens of millions of dollars in premiums for this non-existent reinsurance until it emerged in July 2023 that certain letters of credit backstopping Vesttoo's reinsurance transactions were fake, the company said. CCB Singapore Promotes eCNY and Green Finance in Partnership with Business China's Advanced Leaders Programme 2024 China Construction Bank Corporation ("CCB" or the "Group") Singapore Branch ("CCB Singapore") , as the Market Knowledge Partner, organized two themed events in China for Business China's Advanced Leaders Programme ("ALP") in late April. China Construction Bank Singapore Branch Signs Statement of Intent with MAS-launched ESG data platform Gprnt China Construction Bank Corporation's Singapore Branch ("CCB Singapore") announced today that it has signed a Statement of Intent ("SOI") with Gprnt to explore ESG data model interoperability, assessment framework normalisation, and product innovation to better deploy sustainable financing to corporate clients, especially small and medium-sized enterprises ("SMEs"). Exploring Dividend Stocks In Hong Kong Including Three Noteworthy Picks The Hong Kong market has recently been experiencing some turbulence, with the Hang Seng Index ending nearly flat last week due to concerns about a slowing recovery. Amid these uncertain times, dividend stocks can provide a steady income stream for investors. Given the current market conditions, it is crucial to consider stocks with strong fundamentals and consistent dividend payouts. This can offer a degree of stability and potential for long-term growth in an otherwise volatile environment. China Construction Bank sees more policy support from Beijing, despite pressure on state-owned lenders to boost profit China Construction Bank (CCB) expects Beijing to introduce more policy support to bolster the economy, even as the nation's major state-owned lenders continue to face pressure to boost profits amid the prospect of benchmark rates decreasing further. "China's economy is showing signs of recovery, but there is room for more policy support, and big banks need to continue to support the real economy," CCB chief financial officer Sheng Liurong said on Tuesday during the bank's latest financial result China to appoint Zhang Jinliang as chairman of China Construction Bank, sources say China will appoint Zhang Jinliang as the chairman of state-owned China Construction Bank Corp (CCB), three sources with direct knowledge of matter said. The appointment was reviewed by China Communist Party's organisational department last week and will be announced as soon as this week, said the sources, who declined to be named as the information is confidential. CCB did not immediately reply to Reuters' request for comment. Performance Overview Trailing total returns as of 10/15/2024, which may include dividends or other distributions. Benchmark is SSE Composite Index Return C6T.F SSE Composite Index YTD +277.67% +7.61% 1-Year +259.18% +3.67% 3-Year +2,954.67% -10.03%