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The 26th China International Fair for Investment and Trade (CIFIT) was held in Xiamen last week. XTransfer, a leading global B2B cross-border trade payment platform, signed strategic cooperation agreements with China ZheShang Bank (CZ Bank) and Industrial Bank Co., Ltd. (CIB) during the event. The partnerships target key cross-border finance scenarios, including minor-currency collection in emerging markets and RMB conversion and withdrawal, using fintech to help foreign trade companies overcome
China Zheshang Bank (SEHK:2016) just released half year earnings to June 30, 2026, reporting net income of CNY 7,824 million and basic earnings per share of CNY 0.28, while net interest income softened. At a latest share price of HK$2.32, China Zheshang Bank has seen a 1-day share price return of 1.09% and a 7-day share price return of 2.43%, while the year to date share price return is down 8.30% and the 1-year total shareholder return is down 11.06%. Over three years, the total shareholder...
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