China’s central bank unveiled far-reaching rules on the asset management sector on Friday, including regulations on leverage limits and a ban on implicit guarantees, as part of broader efforts to reduce financial risks. Market players…
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This Chinese weapons lab is putting missile technology into airport body scanners
“Using aerospace technology in security is like using the missile eyes to scan,” Zhao Yinghai, head of the AI lab at CASIC’s No 35 research institute was quoted as saying by China Youth Daily, a…
China Securities regulator wants China ASIC leader to IPO in China
Our take: Jiang Yang, vice-president of China Securities Regulatory Commission, has visited Canaan Creative, one of the biggest ASIC chip producers in China on April 24th. Senior officers in Canaan has introduced their chip applications…
Ping An Good Doctor prices US$1.12 billion IPO at top end amid retail frenzy
Hong Kong’s hottest IPO in 10 years just turned supernova The international placing tranche was also “massively” oversubscribed, sources told the South China Morning Post. Good Doctor plans to sell 160.094 million shares in total,…
China Mobile’s 5G Trials Test Vendor Equipment Interoperability
China Mobile is in the midst of expanding its 5G trials in five cities this year —Hangzhou, Shanghai, Guangzhou, Suzhou, and Wuhan. The operator initially started the trials last year with only a handful of…
How China Finance Online Co Limited (NASDAQ:JRJC) Can Impact Your Portfolio Volatility
If you are looking to invest in China Finance Online Co Limited’s (NASDAQ:JRJC), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk…
China opposes US ‘Special 301 Report’ on intellectual property
China opposes the latest so-called “Special 301 Report on Intellectual Property Rights” issued by the Office of the United States Trade Representative, the Ministry of Commerce said on Saturday. The ministry’s announcement came after the…
China’s Hollywood romance sours amid trade war, debt fears
China’s Huahua Media and the state-backed Shanghai Film Group in November scrapped a $1 billion agreement to co-finance a slate of films from Paramount Pictures. In February, NBCUniversal sold out of Oriental DreamWorks, its much-hyped…
US B-52s flew close to China in what may been a message to Beijing about Taiwan — but China says it will not work
US bombers flew over the South China Sea on Tuesday, amid Chinese military exercises around Taiwan. The flight may have been meant as a message to China. But China has responded forcefully, saying it has…
In remote China, a high-tech auto plant flags global challenge
A three-hour drive from the Chinese capital Beijing, the Lynk & Co plant in Zhangjiakou combines technology and manufacturing know-how from the Geely and Volvo Cars units of China auto giant Zhejiang Geely Holding Group…
China’s Big Five banks log fastest first-quarter profit growth in four years
On Friday, Agricultural Bank of China Ltd (AgBank), reported a 5.43 percent rise in first-quarter net profit, while the country’s largest bank, Industrial and Commercial Bank of China Ltd (ICBC), said its net profit grew…
China tightens rules on non-financial firms investing in financial institutions
BEIJING (Reuters) – China’s central bank and financial regulators have issued guidelines to strengthen supervision on non-financial companies investing in financial institutions. China will strictly restrict irrational and blind investment in financial … ( read…
China regulator: will implement financial market opening measures as soon as possible
BEIJING (Reuters) – China’s banking and insurance regulator said on Friday it would implement financial market opening measures as soon as possible. China has laid out a clearer timetable for opening its financial sector to…
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