(Bloomberg) -- Shanghai Pudong Development Bank Co.,
the Chinese partner of Citigroup Inc., said its first-half profit
probably rose more than 50 percent because of increasing loans
and fees from financial services.
Shares in Pudong Development Bank surged 4.6 percent to
39.10 yuan at 10:37 a.m. in Shanghai. The bank didn't give the
size of its profit in its statement to the Shanghai Stock
Exchange today.
Read more at Bloomberg Emerging Markets News
the Chinese partner of Citigroup Inc., said its first-half profit
probably rose more than 50 percent because of increasing loans
and fees from financial services.
Shares in Pudong Development Bank surged 4.6 percent to
39.10 yuan at 10:37 a.m. in Shanghai. The bank didn't give the
size of its profit in its statement to the Shanghai Stock
Exchange today.
Read more at Bloomberg Emerging Markets News
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