FILE PHOTO: Two men chat beside a logo of Alibaba (China) Technology Co. Ltd at its headquarters on the outskirts of Hangzhou Thomson Reuters By Julie Zhu and Kane Wu HONG KONG (Reuters) – Chinese…
Monthly Archives For June 2017
EXCLUSIVE-China Unicom counts Alibaba, Tencent among investors in drive to raise $10 bln -sources
* China Unicom to raise $7.3 bln from new share issue -sources * Share sale plan to be finalised this summer -sources * Unicom among first SOEs targeted in shift to mixed ownership By Julie…
China Unicom counts Alibaba, Tencent among investors in drive to raise US$10b: Sources
Chinese tech giants Alibaba Group Holdings and Tencent Holdings will be among new investors pouring a total of around US$10 billion into mobile carrier China Unicom, sources said, part of efforts by Beijing to rejuvenate…
China’s Big Three sign up 102M 4G subs from Jan-May 2017
China’s three largest operators – China Mobile, China Unicom and China Telecom – registered a further 24.3 million 4G subscribers in May 2017. This brings their collective additions to 102 million for the first five…
ASIA CREDIT CLOSE: China property credits widen on negative rumours
SINGAPORE, June 22 (IFR) – Chinese high-yield property bonds gapped out 5bp-10bp despite a strong pushback from Dalian Wanda Group against rumours that Chinese banks had ordered the sale of its bonds. Wanda said the…
China Finance Online Co. Limite (JRJC) Hits a 52-Week High
In the market the company is trading down since yesterday’s close of $1.71. Shares are trading at $1.70 which is just a bit below $2.09, the 50 day moving average and just a bit lower…
Vanke Founder Wang Shi, Chinese Property Developer, Steps Down
BEIJING — The chairman and founder of China’s largest property developer said on Wednesday that he would step down, ending a career that mirrored the country’s giddy embrace of privately owned real estate but stumbled…
China’s opening up helped it dodge financial crisis – banking chief
China’s increasingly market-oriented and healthy financial institutions will help it ward off financial crisis, the governor of the country’s central bank said on Tuesday, as he addressed the opening of the annual Lujiazui Forum in…
Opening benefits financial sector
Zhou Xiaochuan, governor of the People’s Bank of China, China’s central bank, said further opening up helps to build a strong and competitive financial sector in China. Zhou said this in a speech on Tuesday…
China keeps manageable pace of financial deleveraging
BEIJING – The market fears a cash crunch in late June as seasonally tight liquidity meets the mid-year macro-prudential assessment and tightening regulations in the banking sector. However, volatile market adjustments, seen in 2013 due…
China Cord Blood Corporation Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2017
7 Depreciation and amortization expenses relate to property, plant and equipment and intangible assets respectively. Stocks you’ve viewed will appear in this box, letting you easily return to quotes you’ve seen previously. Register now to…
China Petroleum & Chemical Corporation (SNP) Downgraded by BidaskClub
China Petroleum & Chemical Corporation Major Integrated Oil … Institutional investors own 79.44% of the company’s stock. Chemical Financial Corporation earned a news impact score of 0.15 on Alpha One’s scale. The Firm operates through…
Financial regulators vow reform and innovation
and have experienced substantial changes, particularly in terms of risk management, pricing, and anti-money laundering. …financial service is a competitive industry and can benefit from opening up. China’s financial sector is going to open up…
