China's PBOC Says to Ensure Credit for First-Home Buyers

Banks must provide loans to first-home buyers, the People's Bank of China (PBOC) said in a statement on Tuesday, the first clear call to support mortgage lending since starting a policy tightening cycle to calm the property market two years ago.

Bank of China Shares Rise on Dividend Savings: Hong Kong Mover

Bank of China Ltd. led Chinese banking shares higher in Hong Kong after their state-backed shareholder allowed the nation’s biggest lenders to cut dividend payouts, shoring up capital while avoiding share sales.

People’s Bank of China Gauges Demand for Bill Sale Tomorrow, Traders Say

The People’s Bank of China gauged demand for bill sales tomorrow, according to traders at primary dealers required to bid at the auctions.

China Banks Rise to 6-Month High on Dividend Cut: Shanghai Mover

Bank of China Ltd. led Chinese banking shares higher in Hong Kong after their state-backed shareholder allowed the nation’s biggest lenders to cut dividend payouts, shoring up capital while avoiding share sales.

Moody’s Says China Bank Dividend Cut Will Help Avoid Fundraising

China’s decision to reduce dividend payouts from three of its four largest banks will help avoid “massive” capital raising by lenders this year, Moody’s Investors Service said.