The People’s Bank of China is pinning its hopes of fending off a financial crisis on a home-grown macro risk assessment system, according to the youngest of China’s five central bank deputy governors. The “macro…
Monthly Archives For November 2017
China appears to have crossed Trump on North Korea
Donald Trump on Wednesday said China backed him on North Korea. But the next day China contradicted him. Even South Korea has expressed doubts about Trump’s goal in dealing with North Korea. After a 12-day…
BRIEF-China SCE Property says Newup Holdings has acquired 1 mln shares of co
* Received notice from Newup Holdings Ltd that it has acquired an aggregate of 1 million shares of co for HK$3.3910 per share Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust…
Tencent-backed Yixin, Hong Kong’s 10th hottest IPO, disappoints in debut
China Literature, the country’s largest e-book site and online publishing house, started trading last week after becoming the hottest IPO in Hong Kong this year. It has the advantage of being able to generate profit…
Maimai, LinkedIn’s biggest China rival, raises US$750m in funding and aims for 2019 IPO
Maimai.cn, China’s biggest rival to global professional networking giant LinkedIn, has secured US$750 million in a latest funding round from US top tech investors DCM Ventures and IDG Capital, and is now targeting an initial…
China Tech Titan’s Touch Is No Guarantee of U.S. IPO Riches
Investors are learning that the backing of Tencent Holdings Ltd., China’s largest social network operator, is no guarantee of IPO riches. Stock buyers piled into the initial public offering of the Chinese technology titan’s e-book…
Despite Trump’s $250B announcement, companies hesitant to sign binding deals with China
During a five-country tour in Asia, President Donald Trump announced $250 billion worth of business deals with China, including the first-ever, long-term binding gas contract between the two countries. Continue Reading Below U.S.-based energy company…
Few banks seen queuing for China’s red carpet invite
“It would be very difficult for them to change the (business) landscape,” said a banker with an European bank. The bankers and lawyers declined to be named due to the sensitivity of the issue. The…
Beijing signals impatience at Hong Kong’s delay in enacting national security law
Beijing signalled on Thursday its impatience at Hong Kong for being slow to roll out a controversial national security law, suggesting that the absence of such legislation had been exploited by pro-independence advocates. Li Fei,…
China, Philippines agree to avoid force in South China Sea dispute
The joint statement, carried by China’s official Xinhua news agency, said China and the Philippines reaffirmed the importance of peace in the South China Sea and of freedom of navigation and overflight. There should be…
China Unicom, JD.com open Smart Living Experience Store in Guangzhou
China Unicom and JD.com have inaugurated their jointly built Smart Living Experience Store in Guangzhou. This was the first collaboration project between the two companies since JD.com participated in China Unicom’s mixed-ownership reform three months…
China c.bank adviser: Expect China financial deleveraging to be less forceful in 2018
BEIJING, Nov 16 (Reuters) – A Chinese central bank advisor said on Thursday that he expects China’s financial deleveraging to be less forceful next year. China’s financial deleveraging has achieved obvious results, central bank adviser…
China central bank adviser: Expect China financial deleveraging to be less forceful in 2018
BEIJING (Reuters) – A Chinese central bank advisor said on Thursday that he expects China’s financial deleveraging to be less forceful next year. China’s financial deleveraging has achieved obvious results, central bank adviser Sheng Songcheng…
