China Unicom announced that it has lowered its stake in Smart Connection Technology to 68.88 percent from 100 percent by offering stake to 9 strategic investors. Smart Connection Technology Company is … ( read original…
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Global asset managers jostle for China prize
“We hope to have a majority-controlled asset management [business] in China and we are very engaged with the Chinese regulators,” Larry Fink, BlackRock’s chief executive, told the Financial Times this … ( read original story…
Timeline: the long road to a US China trade deal
Huawei chief financial officer Meng Wanzhou leaves her home to attend … As well as the letter, Mr Liu had brought a pledge for China to buy more soyabeans to Washington. February 22, 2019: The…
Thousands take to streets to demand scrapping of new Hong Kong laws allowing extradition to China for trials
Opponents of the proposal fear further erosion of rights and legal protections in the free-wheeling financial hub – freedoms which were … lose their right not to be extradited into mainland China,” … ( read…
China wants to expand sprawling infrastructure project: Xi
Xi promised Friday to promote high financial, environmental and other standards in response … American officials have warned other governments about potential debt problems and China’s possible … ( read original story …)
Is China Infrastructure & Logistics Group Ltd.’s (HKG:1719) Balance Sheet Strong Enough To Weather A Storm?
China Infrastructure & Logistics Group Ltd … which could be the biggest threat to its existence: its financial health. Why is it important? Understanding the company’s financial health becomes … ( read original story …)
Sohu.com Reports First Quarter 2019 Unaudited Financial Results
BEIJING, April 29, 2019 /PRNewswire/ — Sohu.com Limited (SOHU), China’s leading online media, video, search and gaming business group, today reported unaudited financial results for the first … ( read original story …)
China April factory activity seen expanding at steady, modest pace – Reuters poll
BEIJING (Reuters) – China’s factory activity likely expanded … Upbeat data in recent weeks has already prompted financial markets to scale back expectations of how much more stimulus will … ( read original story …)
Intel cuts forecast as China data center sales remain weak
While Intel highlighted problems in China, “there was weakness, in terms of orders, across almost every single end-market for them,” said Christopher Roll and, an analyst with Susquehanna Financial … ( read original story …)
China’s first private high-speed rail project gets $4 billion financing: Xinhua
Xinhua said China Development Bank, Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China and two others will provide the loan for the project, which is … ( read original story…
Yuan Rises as China Sets Strong Fix, Xi Vows No Harmful Weakness
(Bloomberg) — China’s yuan climbed as the central bank set its daily reference rate at a stronger-than-expected level and President Xi Jinping pledged against currency depreciation that harms other … ( read original story …)
China’s Xi Signals Approval for Trump’s Trade War Demands
The People’s Bank of China would “build an open, market-oriented financing and investment system,” Governor Yi Gang said in remarks Thursday. The government also released its analysis framework for … ( read original story …)
Lian Duan, China Merchants Bank | Most Powerful Women: Next
Deputy head of legal and compliance at the New York branch of China Merchants Bank Co. Lian Duan is easy to spot among her peers. “If you gathered the U.S.-based senior counsels of the major…