Meanwhile, the outstanding amount of wealth-management products, especially those sold to other financial institutions, fell, the regulator said. Interbank lending and shadow-banking products are key targets in China’s push to rein in risks associated ……
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China to relaunch the world’s fastest bullet trains
BEIJING — China is relaunching the world’s fastest bullet trains, running at 350 kilometres (217 miles) per hour. The trains will service the route from Beijing to Shanghai starting next month, making the 1,250-kilometre (777-mile)…
Schedules and roadmaps to be made to open finance industry
While China has made progresses in investment liberalization and facilitation, certain industries, otherwise known as sensitive industries, are still with significant entry barriers to foreign investment. Finance is such a sensitive area. For life ……
China regulator says Unicom reform plan does not violate rules, shares surge
HONG KONG (Reuters) – China Unicom’s $11.7 billion ownership reform plan does not violate rules, the nation’s securities regulator said, helping shares in the telecom group’s units surge as they resumed trade on Monday after…
China Unicom Shanghai unit says to raise $11.7 billion
HONG KONG (Reuters) – China United Network Communications Ltd (600050.SS), the Shanghai-listed unit of telecoms group China Unicom, said it plans to raise 61.73 billion yuan ($9.25 billion) in a private placement. In addition, the…
CORRECTED-China Unicom Shanghai unit says to raise $11.7 bln
(Corrects to remove reference in headline and first paragraph to figure being less than previously announced, adds additional funds to be raised in 2nd and 3rd paragraphs) HONG KONG, Aug 21 (Reuters) – China United…
China Unicom Shanghai unit says to raise $9.25 billion, less than flagged
HONG KONG (Reuters) – China United Network Communications Ltd (600050.SS), the Shanghai-listed unit of telecoms group China Unicom, said it plans to raise 61.73 billion yuan ($9.25 billion) in a private placement, more than $2…
Alibaba’s Canadian promise isn’t all that it seems, experts warn
Alibaba, China’s largest online company, with interests ranging from cloud computing to ride-hailing services, has been courting Canadian business and influence for several years. Mr. Ma hosted former prime minister Stephen Harper in Hangzhou in…
China Life business growth lagging peers but may improve in first half, say analysts
China Life, the country’s largest life insurer, is due to announce interim results on Thursday and although the group has lagged behind peers in growth in recent reporting periods, analysts expect a solid performance for…
Conflict movies lift China’s second-half box office as studios find more yuan in every bang
It has created China’s own super hero, Leng Feng (played by director Wu Jing), in the mould of western fictional characters such as James Bond and John Rambo, who are deeply patriotic for their country.…
Air China business class upgrade guide
Receive 100,000 Membership Rewards Bonus Points when you apply online by 2 October 2017. Receive a $400 Travel Credit each year to use towards any eligible flights, hotels, experiences or car hire. T&Cs. Minimum spend…
China’s blue skies target may make for winter gas crunch
Now that success may be too much, too soon. A pedestrian wearing a face mask walks past China Central Television headquarters building, which is shrouded in haze. Photo: Bloomberg Gas consumption has risen 15 per…
China Steps Up Warnings Over Debt-Fueled Overseas Acquisitions
BEIJING — China moved on Friday to curb investment overseas by its … Beijing’s clampdown on overseas investments shows how the interests of private business can collide with those of the Communist Party government. Beijing…
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