Overseas banks in China report sharp business growth
英语阅读是考研英语的重头戏，怎么复习?怎么训练?建议同学们采取英语朗读的方法每天练习10-20分钟，快速提升英语的阅读能力和听力水平！BEIJING, Aug. 18 (Xinhua) -- Overseas banks incorporated in China's mainland have mostly recorded sharp growth in both business scales and profits, according to their newly released half-year reports.
HSBC's deposits and total assets in China's mainland rose 50 percent and 26 percent, respectively, while its pre-tax profit rose 69 percent to 473 million U.S. dollars.
Standard Chartered doubled its business income in the mainland,with pre-tax profit rising 30 percent to 1.98 billion U.S. dollars.
Hang Seng Bank's loans and deposits went up 50.4 percent and 93.9 percent, respectively, and its pre-tax profit from the Chinese mainland accounted for 5.9 percent of its total, higher than the 4.3 percent recorded in the same period last year.
An analysis on Saturday's Shanghai Securities News attributed the good business performance to these banks' traditional financing advantages. Statistics show that the number of their individual financing clients have risen by 35 percent to nearly 60percent.
Guo Tianyong, director of the China Banking Research Center under the Central University of Finance and Economics, said that foreign-funded banks are sharp in finding market demands, and are able to quickly respond to the demands by launching new financial products.
At the same time, overseas banks are also quick in adding new outlets, extending their presence from big cities to mid-sized cities. Standard Chartered will have 40 outlets in 15 cities by the end of this year, while the Bank of East Asia has set up 13 branches and 24 sub-branches in Wuhan, Nanjing and other cities.
The analysis said that compared with Chinese banks, foreign-funded banks pay more attention to medium and small enterprise loans and private banking business. In addition, they also have clear advantages in capital market businesses, most of them have made a big fortune from securities brokerage businesses in the first half of this year.
听力和书面表达通常是我们学生的弱项，希望大家在英语朗读的方法下，并结合实际情况安排练习，不要一味模仿别人，要在练习过程中及时总结经验，包括时间安排等，让自己的考研英语水平得到一个很大的提升！
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