The trade dispute with the U.S. hangs like an ax over China’s economy, but for the country’s real estate developers, it’s a boon. Onshore funding is opening up and the government is once again smiling…
Monthly Archives For August 2018
Slowdowns in China and India eat away at Asian oil demand
SINGAPORE (Reuters) – Oil demand from Asia’s biggest importers, China and India, is growing more slowly than expected, exposing weakness in two of the world’s largest economies and eroding a key pilla… ( read original…
China could reportedly use its ‘unwritten’ tech rules as an ‘invisible tool’ against US firms
With Sino-American trade tensions escalating, China’s cybersecurity standards could be used as an “invisible tool” of retaliation against Washington’s tariffs, according to one expert. Those so-called … ( read original story …)
China Sovereign Fund Backs Deal for $13 Billion Yum China
Yum China, spun off from Yum! Brands Inc. in 2016 and listed in New York, has a market value of $13.6 billion. Baring Private Equity Asia is also joining the investor group, which already includes…
BRIEF-China Unicom Hong Kong Says HY Profit Attributable RMB5.91 Bln
Aug 15 (Reuters) – China Unicom Hong Kong Ltd: * HY PROFIT ATTRIBUTABLE RMB5,912 MILLION VERSUS RMB2,415 MILLION * HY REVENUE RMB149,105 MILLION VERSUS RMB138,160 MILLION * CYCLICAL ESCALATION OF MARK… ( read original story…
China Mobile HK Completes E2E 5G Testing Using 5G CPE
China Mobile Hong Kong (CMHK) claims as the first network provider in Hong Kong to successfully complete end-to-end 5G network testing using a 5G CPE. The test enables an end-to-end connectivity to th… ( read…
Cryptocurrency’s millennial mining tycoon is planning a $3-billion IPO
Nishant Sharma, a Beijing-based spokesman for Bitmain, declined to comment. Speculation about Bitmain’s IPO plans and finances has intensified in recent days. The cryptocurrency news site CoinDesk rep… ( read original story …)
Beijing 2008: A look at the Olympic venues a decade on
Ten years ago, the Beijing Olympics was reaching its sweet spot. On 13 August, Michael Phelps had become the greatest Olympian of all time, winning his 10th and 11th golds to surpass the greats of…
Fintech in China: How to take part in the Financial revolution?
Let’s me start by asking you one question: Who really enjoys its banking experience? Well! we have good news. The good new is we are currently going through one of the biggest transformations in Finan……
China Rapid Finance Reports Second Quarter 2018 Unaudited Financial Results
SHANGHAI, Aug. 15, 2018 /PRNewswire/ — China Rapid Finance Limited (“China Rapid Finance” or the “Company”) (NYSE: XRF), operator of one of China’s largest consumer lending marketplaces, today report… ( read original story …)
China securities fee revenue expected to more than double by 2023: study
HONG KONG (Reuters) – Revenue from securities fees in China is expected to more than double to $103 billion in the next six years, a new report by a financial consultancy said on Wednesday, emphasizin……
Ripple is ‘definitely’ targeting China with its blockchain-based payments tech, exec says
China is “definitely a target” for Ripple, Jeremy Light, the firm’s VP of EU strategic accounts, told CNBC. Among Ripple’s clients is the Hong Kong-based financial services firm LianLian International … ( read original story…
Smaller Cities Are a Big Worry in China’s Too-Hot Property Market
BEIJING—China’s booming housing market has been a rare bright spot of late as the broader economy cools, but there are signs of trouble beneath the surface. Housing sales, property investment and new … ( read…
