As China’s economy picks up after the pandemic, the last thing you might expect is a renewed credit squeeze in the real estate industry. So the imposition of leverage thresholds for developers has … ( read…
Monthly Archives For September 2020
China Developers Face Harsh Liquidity Test as Curbs Loom
Already, China’s regulator of the vast interbank market took a step to curb the amount developers can raise, people familiar have said. It’s bad timing for developers. Real estate firms … ( read original story…
China Banks Plan $29 Billion in Bond Sales to Replenish Capital
Industrial & Commercial Bank of China Ltd., the world’s largest lender, and three domestic competitors plan to sell a combined 195 billion yuan ($28.5 billion) of perpetual or tier-2 capital … ( read original story…
The fashion world looks to China
The fashion industry is reeling from the stunning blow dealt by a global pandemic that closed stores, largely ended international travel, and caused consumer demand for its products to shrivel. All … ( read original…
China’s August exports seen keeping solid momentum; imports flat: Reuters poll
China’s exports likely posted a second month of solid gains in August as more of its trading partners relaxed coronavirus lockdowns and reopened their economies, while imports edged back into growth, … ( read original…
China Tightens Financial Regulations In Advance Of Ant IPO
Days after one of the world’s highest-valued FinTechs filed to go public, Chinese regulators are increasing scrutiny of non-bank financial companies. ( read original story …)
Citigroup Was Approved for Business in China. What That Means for the Stock.
Citigroup will be able to act as a custodian bank in China and hold securities for mutual funds and other private funds based there. ( read original story …)
In Defense of U.S. Technology: Countering the New China Syndrome
It’s clear that President Trump has kept his promise to be tough on China. But as we take on China’s unfair trade policies and secure our supply chains, we must … ( read original story…
Analysis: China’s rise takes the world into uncharted waters
Twice in the 20th century, Japan challenged the West, first in a military-led attempt to become an imperial power and then as an industrial powerhouse. Now it is China’s turn … ( read original story…
A tale of two Hong Kongs: Beijing cracks down while the financial hub thrives
Ant Group’s IPO will take place against a backdrop of the dismantling of the territory’s pro-democracy movement … ( read original story …)
US Paper Says Reporter Was Held in China’s Inner Mongolia
A U.S. newspaper says one of its journalists was detained and then expelled from China’s Inner Mongolia region while covering tensions over a new policy that reduces the use of the Mongolian language … (…
Yum China to raise $2.2 billion in Hong Kong secondary listing
The company had flagged it would sell 41.91 million shares in the deal and the price is a 4.8% discount to the stock’s Thursday closing price of $55.92 in the U.S. ( read original story…
Yum China to raise $2.2 billion in Hong Kong secondary listing: sources
Yum China is set to raise $2.22 billion in its secondary Hong Kong listing after indicating that its shares would be priced at HK$412 each, according to two sources with direct knowledge of … (…