China’s battle to cut debt in its economy has dealt a blow … the SMEs is the lack of proper funding channels at a reasonable market rate to support their business,” he told CNBC on…
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Asian shares fall on sign of escalating US-China tensions
SINGAPORE – Asian markets fell on Wednesday after a trade dispute between the U.S. and China stalled a weekend meeting, dimming hopes that it could be resolved once their leaders meet. KEEPING SCORE: … (…
Crunch time for Tencent Music’s 2018 $2 billion IPO hopes
HONG KONG (Reuters) – Tencent Music Entertainment (TME) – China’s answer to Spotify – is facing crunch time on its hotly anticipated U.S. $2 billion mega IPO this year. The streaming music … ( read…
China Unicom (Hong Kong) (CHU) Upgraded by Mizuho to Neutral
Mizuho upgraded shares of China Unicom (Hong Kong) (NYSE:CHU) from an underperform rating to a neutral rating in a research report sent to investors on Monday morning, Marketbeat.com reports. A number … ( read original…
Soybean trade shows resolve of China as it pushes back on U.S. demands
The humble soybean has joined the front lines of the trade war between the United States and China. Since the Sept. 1 start of the 2018-19 market year, the flow of U.S. soybeans to China…
Tech titans feel the chill in relations with Beijing
This year, a red patch glowed over Zhongnanhai, the compound in Beijing where the top Communist party leaders … and there were changes to financial regulations around payments. Yet even these steps, … ( read…
Five takeaways on launching a brand in China
China, the country that often comes with its own set of clichés: different, big, unique. However, I feel it is just diverse and the rules are different. Understanding the market’s idiosyncrasies befor… ( read original…
The Good News Hidden in China’s Slowing Economy
There’s good news hidden in China’s tumbling stock markets and slowing economy. A government bid to curb risky lending, clean up industry, and restrain home prices is holding firm even as growth heads … (…
FS meets financial officials in Beijing
Financial Secretary Paul Chan today met financial officials of the Central Authorities in Beijing. In the morning, Mr Chan met Minister of Science & Technology Wang Zhigang, where he said the Hong Kon… ( read…
UPDATE 1-China property developers face new normal: double-digit bond yields
HONG KONG, Nov 20 (Reuters) – Times China Holdings sold a three-year bond in January at a yield of 6.25 percent, now the Chinese property group is having to offer almost double that on a…
China identifies 17 key areas to make AI breakthroughs
China’s Ministry of Industry and Information Technology (MIIT) has identified 17 key areas as priority for artificial intelligence (AI) development through inviting private enterprises and research in… ( read original story …)
Regulated system of shadow banking in China can benefit private firms
Loose lending will create massive bad loans down the road, which runs contrary to Beijing’s fight to deleverage the financial system in the past few years. China central bank adviser joins market refo… ( read…
Top Crypto Exchange Huobi Pays Its Dues to Beijing by Setting up Communist Party Committee
The company behind major cryptocurrency exchange Huobi has created a Communist Party branch as part of its obligations to the Chinese state, the company’s U.S.-based subsidiary Huobi Info confirmed No… ( read original story …)
