HONG KONG, March 13 (Reuters) – Chinese telecom operator China Unicom Hong Kong on Wednesday reported a more than five-fold jump in 2018 net profit, beating estimates, which it attributed to a … ( read…
Monthly Archives For March 2019
China orders banks to boost financial support to small firms
BEIJING (Reuters) – China’s banking and insurance regulator on Wednesday urged banks to continue increasing lending to smaller firms and further cut their financing costs, as policymakers work to aver… ( read original story …)
After Italy, Malta says it’s considering joining China’s Belt and Road investment scheme
The White House has previously said Italy’s intention to potentially join with Beijing on the scheme could hurt its international reputation, according to the Financial Times. Another European country … ( read original story …)
China Stock Bulls Get Painful Wake-Up Call as 5G Trade Unravels
(Bloomberg) — China Mobile Ltd. just pulled the rug out from under one of the world’s hottest trades. Buying Chinese stocks related to 5G is no longer a slam dunk. Competition to supply China’s telec……
Sinochem Considers Mainland IPO for Oil Trading Unit
Sinochem has approached China Securities Regulatory Commission about the possible mainland deal, according to one of the people. A Sinochem Energy IPO is expected to accompany the long-awaited tie-up … ( read original story …)
China says Taiwan moves like ‘stretching arm to block a car’
In a meeting on national security Monday, Tsai said relations with China must be “viewed in a positive way, but only when the principle of equal dignity is safeguarded,” according to the official Cent… (…
Party On: Real Estate Booms in Cradle of China’s Communist Revolution
Jia’s husband declined to give his name. While the central government has tamped down property prices in bigger cities across China in an effort to control the longest real estate boom in over a decad……
China to avoid big fluctuations in property market: minister
The Chinese government will work to prevent big fluctuations in the property market in a bid to uphold Beijing’s overarching policy that “houses are for living, not for speculation”, Reuters reported. … ( read original…
Monetary ‘glue’ bonds China and the US
Gideon Rachman warns that US-China tensions could escalate beyond trade and split the world into two geopolitical blocs, akin to a technological-economic cold war 2.0 (“The return of a two-bloc world” … ( read original…
China using ‘pay-day loan diplomacy’ in the Pacific: U.S. diplomat
SYDNEY (Reuters) – China’s is using “pay-day loan diplomacy … which the West says is needed to prevent the Pacific falling into financial distress and becoming susceptible to diplomatic … ( read original story …)
Ant Financial eyes listing on Shanghai tech board: report
Ant Financial, the financial services affiliate of China’s Alibaba Group, plans to go public on the new technology innovation board being established by the Shanghai Stock Exchange, according to a mai… ( read original story…
China Media Trends Report Offers Insights for Marketers and Brands
OMD China has released the 2019 edition of its ongoing research series, “Transcend.” OMD China has released the 2019 edition of its ongoing research series, Transcend, offering marketers a list of pre… ( read original…
Breakingviews – Ping An stock repurchase comes with Beijing twist
HONG KONG (Reuters Breakingviews) – Ping An’s share repurchase comes with a Beijing twist. China’s biggest insurer by market value plans to buy up to $1.5 billion of its Shanghai shares. The company, … (…