Tai Fook Securities Group Ltd. said in a statement to Hong Kong’s stock exchange that NWS Holdings Ltd. may sell part or its entire 61.9% stake in Tai Fook Securities. Taifook rose as much as 23%. The stock advanced 19% to HKD 4.78. Oriental Daily News reported, citing unidentified people that China Construction Bank Corporation is in talks to buy the stake. Bloomberg reported that Yu Baoyue, a Beijing-based spokesman for Construction Bank, said in an interview that the report was “market speculation” and that he is “not aware of anything to be disclosed.” It added that William Lee, Taifook’s chief operating officer, declined to comment on the Oriental Daily report.

China Construction Bank Corporation announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported comprehensive income attributable to equity shareholders of the bank of RMB 28,816 million or RMB 0.13 per basic and diluted share, profit before tax of RMB 39,135 million, operating income of RMB 66,963 million and net cash from operating activities of RMB 154,938 million on net interest income of RMB 53,112 million against comprehensive income attributable to equity shareholders of the bank of RMB 24,128 million or RMB 0.11 per basic and diluted share, operating income of RMB 66,963 million, profit before tax of RMB 33,054 million and net cash from operating activities of RMB 31,244 million on net interest income of RMB 57,090 million for the same quarter last year. For the nine months, the company reported comprehensive income attributable to equity shareholders of the bank of RMB 87,186 million or RMB 0.37 per basic and diluted share, profit before tax of RMB 111,604 million, operating income of RMB 198,428 million on net interest income of RMB 155,580 million against comprehensive income attributable to equity shareholders of the bank of RMB 72,371 million or RMB 0.36 per basic and diluted share, profit before tax of RMB 108,709 million, operating income of RMB 199,578 million on net interest income of RMB 168,170 million for the same period last year. Annualised return on equity was 22.72% against 21.52% a year ago.

China Construction Bank Corporation reported earnings results for the third quarter ended September 2009. For the quarter, the bank reported an 18.6% increase in profit. The bank reported a net profit of CNY 30.3 billion compared to CNY 25.6 billion reported a year earlier.