For the very first time, the combined brand value of China’s lenders has surpassed that of the United States. China’s bank brands account for 24% (US$258 billion) of the total brand value of the Brand…
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China raises interest rates for Standing Lending Facility loans – sources
SHANGHAI China’s central bank raised the lending rates on its standing lending facility (SLF) loans on Friday, two banking sources said. The overnight rate for the SLF loan was raised to 3.1 percent from 2.75…
China’s central bank starts Year of the Rooster with ‘groundbreaking’ broad rise in money market rates
China’s central bank has surprisingly raised money market rates across the board on the first working day in the Year of the Rooster – sending a clear signal that Beijing is tightening its monetary policy…
Bank of China closes accounts of Gupta-linked firm
The Bank of China has become the latest financial institution to be drawn into the controversy surrounding the closure of bank accounts belonging to companies linked to the Gupta family. Steel maker VR Laser said…
China will keep monetary policy prudent and stable: central bank official
SHANGHAI China will keep monetary policy generally prudent and stable, while also avoiding either a rapid slowdown in economic growth or excessive liquidity injections, the central bank assistant governor wrote on Friday. The comments from…
China Gains on the U.S. in the Artificial Intelligence Arms Race
Now, increasingly, they’re also in China. The United States no longer has a strategic monopoly on the technology, which is widely seen as the key factor in the next generation of warfare. The Pentagon’s plan…
China's secret Trump card: Could Beijing deprive our military of critical defense components?
… promising to bring China to heel. John Moody is Executive Vice President, Executive Editor for Fox News. A former Vatican correspondent and Rome bureau chief for Time magazine, he is the author of four…
As it files for IPO, Snap Inc. warns that Brexit and restrictions in China could pose problems
Despite calling Los Angeles’ Venice Beach boardwalk home, Snap Inc., the parent of popular social media app Snapchat, is concerned about how foreign governments could harm its business. In its IPO filing released Thursday, Snap…
National Asset Management Inc. Acquires 79 Shares of China Mobile (Hong Kong) Ltd. (CHL)
National Asset Management Inc. raised its position in China Mobile (Hong Kong) Ltd. (NYSE:CHL) by 1.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).…
Hsbc Holdings PLC Purchases 65,306 Shares of China Unicom (Hong Kong) Ltd (CHU)
Hsbc Holdings PLC increased its stake in China Unicom (Hong Kong) Ltd (NYSE:CHU) by 590.8% during the third quarter, Holdings Channel reports. The fund owned 76,359 shares of the company’s stock after buying an additional…
UPDATE 2-China 2016 property investment rises 6.9 pct y/y, sales jump to 7-year high
* 2016 property investment +6.9 pct y/y, sales volume +22.5 pct * New housing starts +12.5 pct in December * December investment, sales rise strongly vs Nov (Adds analyst comment, quotes from NBS official) By…
Global And China Mobile Dental Delivery Systems Sales 2017 Market Research Report
The Global And China Mobile Dental Delivery Systems Sales 2017 Market Research Report is a professional and in-depth study on the current state of the Mobile Dental Delivery Systems market. The report provides a basic…
Chinese fintech firm Wangjin Holdings plans $500 million HK IPO in 2017: IFR
The financial technology company would join other technology startups planning Hong Kong listings this year, including Lufax, China’s biggest peer-to-peer lending and wealth management platform, which plans a $5 billion IPO. (Reporting by Fiona Lau…
