BEIJING/SHANGHAI (Reuters) – China’s banking regulator has extended by two months a June deadline for banks to submit risk assessments over concerns it was putting strain on the lenders, two sources with direct knowledge of…
Monthly Archives For August 2017
China’s IPO Puzzle
Deleveraging is Beijing’s top economic focus right now so you might imagine … The regulator has denied or delayed 58 IPO applications in 2017, the most in recent years. (The approval rate remains elevated at…
China Mobile (Hong Kong) Ltd
Parametric Portfolio Associates LLC now owns 191,169 shares of the Wireless communications provider’s stock valued at $2,575,000 after buying an additional 62,000 shares during the last quarter. Locust Wood Capital Advisers LLC bought a new…
CITIC Group: Auction of McDonald’s business in China completed
The auction of McDonald’s next 20-year franchise rights in China was officially completed on July 31, Chinese state-owned CITIC Group announced on Friday. A new venture, jointly established by CITIC Ltd., CITIC Capital, Carlyle Capital…
China enhances appeal to foreign investment
China should create “a stable, fair, transparent and predictable business environment,” and speed up efforts to build an open economy to promote the sustainable and healthy development of the Chinese economy, according to a meeting…
China extends deadline on banks’ risk assessment
BEIJING: China’s banking regulator has extended by two months a June deadline for banks to submit risk assessments over concerns it was putting strain on the lenders, two sources with direct knowledge of the matter…
Indian realism challenges calls to ban China imports
The timing, Diwali, raised suspicions that the Ramdev was driven more by his sense to keep China out as a business competitor rather than for patriotic reasons. Largest trading partner India’s trade with China is…
As short sellers target Chinese companies in Hong Kong, hostility mounts
Many firms hire private investigators to review a company’s operations in China. They can spend months pulling business registrations, poring over tax filings, counting truck traffic or point of sale terminals (sometimes after installing cameras…
WWD Law Review: Trump and China, and Suing the Kardashians
In that same instance, Ma — who holds the title of the richest man in Asia — called on brands to accept that the “way of doing business has changed” because … Trump Said to…
China Bank posts 10% profit growth
Sy family-led China Bank Corp. boosted its six-month net profit by 10 percent year-on-year to P3.6 billion, driven by its robust lending business and other recurring income. This first semester performance translated to a return…
The Latest: Tillerson says NKorea must halt launches to talk
Ri was spotted at the gala smiling and toasting with the other foreign ministers. 9:20 p.m. China is providing a welcome boost to the global campaign to pressure North Korea to halt its missile and…
China adds to global pressure on North Korea to quit missile tests
A global pressure campaign on North Korea propelled by sharp new UN sanctions received a welcome boost Sunday from China, the North’s economic lifeline, as Beijing called on its neighbour to halt its missile and…
China sets conditions for South China Sea talks as ASEAN issues call to avoid militarization
China’s top diplomat said Sunday that talks for a nonaggression … summit in the Philippines in November if Beijing’s conditions are met. Wang told a news conference in Manila that those conditions include non-interference by…
