TARIFFS LATEST US, China to slash tariffs for 90 days OTC Markets OTCPK - Delayed Quote • USD Bank of China Limited (BACHY) Follow Add holdings 14.42 -0.01 (-0.07%) At close: May 9 at 3:59:41 PM EDT All News Press Releases SEC Filings China Keeps Adding Gold to Reserves as Challenges Stack Up (Bloomberg) -- China expanded its gold reserves for a sixth straight month in April, underlining its push to boost holdings of the precious metal as prices trade near a record and the trade war rumbles on.Most Read from BloombergThe Battle Over the Fate of Detroit’s Renaissance CenterNYC Real Estate Industry Asks Judge to Block New Broker Fee LawVail to Borrow Muni Debt to Ease Ski Resort Town Housing CrunchIceland Plans for a More Volcanic FutureNJ Transit Strike Would Be ‘Disaster’ for Region, Chinese Regulator Applauds Warren Buffett’s Long-Term Approach (Bloomberg) -- China’s top securities regulator has become a surprising addition to the chorus of voices praising Warren Buffett, after the legendary investor announced his plan to step down as chief executive of Berkshire Hathaway Inc.Most Read from BloombergThe Battle Over the Fate of Detroit’s Renaissance CenterNYC Real Estate Industry Asks Judge to Block New Broker Fee LawVail to Borrow Muni Debt to Ease Ski Resort Town Housing CrunchIceland Plans for a More Volcanic FutureNJ Transit Strike China Cuts Key Rate, Reserve Ratio to Aid Economy Hit by Tariffs (Bloomberg) -- Most Read from BloombergThe Battle Over the Fate of Detroit’s Renaissance CenterNYC Real Estate Industry Asks Judge to Block New Broker Fee LawVail to Borrow Muni Debt to Ease Ski Resort Town Housing CrunchIceland Plans for a More Volcanic FutureNJ Transit Strike Would Be ‘Disaster’ for Region, Sherrill SaysChina reduced its policy rate and lowered the amount of cash lenders must keep in reserve, as Beijing ramps up efforts to help an economy caught in a second trade war with the Chinese Bank Shares Slump as Earnings Show Margin, Profit Pain (Bloomberg) -- Shares of Chinese banks slumped following weak earnings, with analysts concerned the global trade war will further undermine their profit. Most Read from BloombergNew York City Transit System Chips Away at Subway Fare EvasionNYC’s Congestion Toll Raised $159 Million in the First QuarterThe Last Thing US Transit Agencies Should Do NowAt Bryn Mawr, a Monumental Plaza Traces the Steps of Black HistoryAt the National Public Housing Museum, an Embattled Idea Finds a HomeLenders were th China Vows Steps to Ease Exporters’ Pain as Trump’s Tariffs Hit (Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergNewsom Says California Is Now the World’s Fourth-Biggest EconomyAt Bryn Mawr, a Monumental Plaza Traces the Steps of Black HistoryLos Angeles Downgraded to AA- by S&P Due to Budget WoesUS Cricket Deepens Bet on Texas With HQ Shift From CaliforniaThe Last Thing US Transit Agencies Should Do NowChinese officials vowed to provide more support for exporters affected by US President Donald Trump Says US Talking With China on Trade After Beijing’s Denial (Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeWhy Car YouTuber Matt Farah Is Fighting for Walkable CitiesBackyard Micro-Flats Aim to Ease South Africa’s Housing CrisisThe Racial Wealth Gap Is Not Just About MoneyTo Fuel Affordable Housing, This Innovation Fund Targets Predevelopment CostsPresident Donald Trump said his administration was talking with China on trade, afte China ramps up cash injection as it braces for tariff impact (Bloomberg) -- China’s central bank is boosting cash injection via one of its policy tools as it seeks to safeguard the world’s second-largest economy from the impact of punitive US tariffs.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeWhy Car YouTuber Matt Farah Is Fighting for Walkable CitiesBackyard Micro-Flats Aim to Ease South Africa’s Housing CrisisThe Racial Wealth Gap Is Not Just About MoneyTo Fuel Affordable Housing, This Innovation Fund Targets Pre Strong China GDP Growth Fails to Stem Calls for Urgent Stimulus (Bloomberg) -- China’s economy showed surprising strength in early 2025 thanks to consumer subsidies and a rush of export shipments to beat tariffs, although an impasse with Donald Trump over the trade war is darkening its outlook and fueling calls for stimulus.Most Read from BloombergHow Did This Suburb Figure Out Mass Transit?Trump Signs Executive Orders on Federal Purchasing, Office SpaceLA County Floats Leaner Budget Burdened by Fire and Legal CostsChina’s gross domestic product grew 5.4% in China Gets Worst 2025 Growth Forecast Yet With UBS Downgrade (Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergHow Did This Suburb Figure Out Mass Transit?Even Oslo Has an Air Quality ProblemNYC Tourist Helicopter Crashes in Hudson River, Killing SixLisbon Mayor Wants Companies to Help Fix City’s Housing Shortage$15 Million Fund Bets Leadership Training Can Improve Chicago PolicingUBS Group AG added to a series of growth downgrades for China with the most pessimistic forecast among major banks Gold-Trading Frenzy Erupts in China as Tensions With US Escalate (Bloomberg) -- China saw an explosive surge in gold trading last week as the metal hit successive records and Sino-US trade tensions rose.Most Read from BloombergThe Secret Formula for Faster TrainsNYC Tourist Helicopter Crashes in Hudson River, Killing SixEven Oslo Has an Air Quality ProblemInside the Quiet, Extravagant Expansion of the Frick CollectionLisbon Mayor Wants Companies to Help Fix City’s Housing ShortageThe Shanghai Futures Exchange saw trading volumes of the precious metal hit the China’s Credit Expansion Beats Forecasts on Bond Sale Deluge (Bloomberg) -- China’s credit expanded more than expected in March as the government accelerated bond offerings to help the economy offset the impact of surging US tariffs.Most Read from BloombergThe Secret Formula for Faster TrainsNYC Tourist Helicopter Crashes in Hudson River, Killing SixEven Oslo Has an Air Quality ProblemInside the Quiet, Extravagant Expansion of the Frick CollectionLisbon Mayor Wants Companies to Help Fix City’s Housing ShortageAggregate financing, a broad measure of credit Ransomware attack on vendor exposes DBS, BOC Singapore customer data DBS disclosed that the ransomware attack may have affected customer statements and letters of about 8,200 customers. Stocks to watch this week: GameStop, Lululemon, Kingfisher, Bellway and Fevertree Earnings preview of key companies reporting this week and what to look out for. Bank of China sets up $7 billion fund to support technology development Bank of China has set up a 50 billion yuan ($6.9 billion) fund to invest in technology startups, state media CCTV reported, as the nation's big state lenders move to support the private economy. The technology and innovation fund, expanded from the 30 billion yuan announced last year, aims to support technology and new emerging industries, the report said. China last week laid out its major policy priorities for 2025 at an annual parliamentary meeting, including how it plans to spur consumption and achieve technological breakthroughs amid geopolitical tensions with the U.S. Top Dividend Stocks To Consider In February 2025 As global markets navigate a landscape marked by rising U.S. inflation and the potential for higher interest rates, major stock indexes like the S&P 500 and Nasdaq Composite are approaching record highs, driven by robust investor sentiment. In this context, dividend stocks can offer investors a measure of stability and income, making them an attractive consideration amidst economic uncertainties and market fluctuations. 3 Top Dividend Stocks Offering Up To 6.5% Yield As global markets experience a rebound, driven by easing core U.S. inflation and strong bank earnings, investors are increasingly looking for stable income sources amid fluctuating economic indicators. In this climate, dividend stocks offer an attractive proposition, providing consistent returns that can help offset market volatility while capitalizing on sectors showing robust performance. 3 Dividend Stocks Including Sinofert Holdings To Consider As global markets continue to reach new heights, with major indices like the Dow Jones and S&P 500 hitting record intraday highs, investors are keenly observing the impacts of geopolitical developments and domestic policies on market sentiment. Amidst this backdrop of growth and volatility, dividend stocks offer a compelling option for those seeking steady income streams; they can provide a measure of stability in uncertain times while potentially benefiting from capital appreciation. Bank of China (SEHK:3988) Reports Q3 Earnings with Focus on Digital Growth and Southeast Asia Expansion Bank of China (SEHK:3988) is poised for sustained success with a forecasted annual earnings growth of 5.31% and a robust dividend yield of 6.94%, despite trading significantly below its fair value estimate. However, challenges such as a high net debt to equity ratio and declining profit margins highlight areas for improvement in operational efficiency. In the discussion that follows, we will delve into the bank's strategic initiatives, emerging market opportunities, and the impact of economic... China's big banks post Q3 profit gains, squeeze on net interest margins China's largest lenders posted increases in their third-quarter profits on Wednesday, mostly on reduced provisions, with slimmer net interest margins for some. The frontrunner was Agricultural Bank of China Ltd (AgBank), which reported a 5.88% rise in third-quarter net profit. AgBank, Industrial and Commercial Bank of China Ltd (ICBC) and China Construction Bank Corp (CCB) all posted sluggish growth or a drop in pre-provisions operating income, indicating the banks reduced provisions to boost net profit growth. Top SEHK Dividend Stocks To Watch In September 2024 As global markets react to interest rate cuts and economic data, the Hong Kong market has shown resilience amidst a backdrop of fluctuating inflation and trade dynamics. With this in mind, investors may find dividend stocks particularly appealing for their potential to provide steady income regardless of market volatility. A good dividend stock often combines strong fundamentals with a consistent payout history, making it an attractive option for those seeking stability in uncertain times. Performance Overview Trailing total returns as of 5/12/2025, which may include dividends or other distributions. Benchmark is SSE Composite Index (000001.SS) Return BACHY SSE Composite Index (000001.SS) YTD +14.08% +0.52% 1-Year +30.44% +6.81% 3-Year +94.84% +10.29%