SHANGHAI/BEIJING (Reuters) – China’s largest bitcoin exchanges are awaiting clarification from the government following more media reports that Beijing is planning to ban trading of virtual currencies on domestic exchanges, but markets were largely subdued…
Monthly Archives For September 2017
China mulls petrol car ban, boosting electric vehicles
Xin said the policy would be implemented “in the near future”, according to the official Xinhua news agency. Race for green cars As the measure looms, foreign automakers have announced plans to boost the production…
China’s North Korea stance: laggard or leader?
Is China’s courage failing it? Exasperated and embarrassed by North Korea’s nuclear and missile tests, Beijing is nonetheless shrinking from using all the influence it has to stop them. China reportedly refused to back US…
China relaxes yuan hedging rules
BEIJING: China’s central bank on Monday scrapped two measures that were put in place to support the yuan when it was under significant selling pressure, suggesting Beijing is anxious to quash one way bets on…
After roads and railways, China’s Silk Road dealmakers eye financial firms
HONG KONG (Reuters) – After ports and industrial parks, the dealmakers leading China’s trillion-dollar push to build a modern Silk Road are turning to the financial sector, targeting Europe’s banks, insurers and asset managers to…
China calls for objective evaluation of its IP protection measures amid beefing-up efforts
BEIJING (CHINA DAILY/ASIA NEWS NETWORK) – The top official in charge of intellectual property rights in China has called for more objective and honest evaluation of the country’s efforts in protecting intellectual property rights (IPR)…
Jefferies Group Analysts Increase Earnings Estimates for China Unicom (Hong Kong) Ltd (CHU)
Complete the form below to receive the latest headlines and analysts’ recommendationsfor China Unicom (Hong Kong) Ltd with our free daily email newsletter: China Unicom (Hong Kong) Ltd (NYSE:CHU) – Equities research analysts at Jefferies…
Treasure Trove Exposed in Office of Deposed Unicom Chief
Chang Xiaobing, sentenced to six years of prison this year for graft, kept a storeroom in his office filled with expensive liquor and valuable paintings during his time as chairman of state-owned China Unicom. Details…
Alibaba and Tencent among investors in China Unicom
China’s biggest technology companies, including Alibaba, Tencent and Baidu, are investing $11.7bn in China Unicom, the country’s second-largest wireless telecom, as they seek to revitalise the state-owned group with private capital. Ten private and ……
Somewhat Positive Press Coverage Somewhat Unlikely to Affect China Unicom (Hong Kong) (CHU) Stock Price
Complete the form below to receive the latest headlines and analysts’ recommendationsfor China Unicom (Hong Kong) Ltd with our free daily email newsletter: News articles about China Unicom (Hong Kong) (NYSE:CHU) have been trending somewhat…
INSIGHT-Trust issues? China targets a $3 trillion shadow banking industry
Beijing has been taking aim at the trust companies whose unrestrained lending practices are worrying regulators. The trusts, at the heart of a vast shadow banking industry, are being pressured to step up compliance and…
China central bank issues notice on implementing U.N. resolutions
BEIJING (Reuters) – China’s central bank issued a statement on Monday on the implementation of U.N. Security council resolutions without specifying which resolutions or the affected parties. The People’s Bank of China said that Chinese…
China targets a $3 trillion shadow banking industry
S H A N G H A I • As a flood of unregulated cash swirls through the Chinese economy, Beijing has been taking aim at the trust companies whose unrestrained lending practices are worrying…