Quentec Asset Management Llc increased China Mobile Limited (CHL) stake by 39.46% reported in 2017Q2 SEC filing. Quentec Asset Management Llc acquired 185,000 shares as China Mobile Limited (CHL)’s stock declined 1.23%. The Quentec Asset…
Posts By admin
China to back fight against terror financing, money laundering in non-financial sectors
After backing the BRICS declaration on terrorism naming Pakistan-based militant groups, China today said it will extend support to the fight against terrorist financing and money laundering in non-financial sectors. “Money laundering and terrorist ……
Tillerson calls for calming of situation on Korean Peninsula
BEIJING — U.S. Secretary of State Rex Tillerson called Saturday for a calming of the situation on the Korean Peninsula, but said it was incumbent on North Korea to halt its missile launches. Following meetings…
China’s Central Bank Unveils Targeted Lending Plan to Aid Growth
China’s central bank said it will reduce the amount of cash lenders must hold as reserves from next year, with the size of the cut linked to the flow of funding to parts of the…
China central bank says will maintain prudent, neutral monetary policy
BEIJING (Reuters) – China’s central bank on Saturday said it will maintain prudent and neutral monetary policy and use multiple monetary policy tools to keep liquidity basically stable. The People’s Bank of China will continue…
Western luxury brands angle for Asian exposure
Swarovski Eternal bracelet Entering China is only the first step, however. “Working in China can be a mystery for many brands,” says Lisa Tse, chief executive of her eponymous luxury branding agency, whose clients include…
The Top 6 Misconceptions Luxury Brands Have About WeChat
WeChat, China’s “One-in-all” social media platform, is a tool used 24/7 by Chinese consumers, for everything from messaging with their friends and posting about their cultural outings to keeping abreast of the latest offerings by…
Tillerson in China to discuss North Korea, Trump visit
BEIJING — U.S. Secretary of State Rex Tillerson met with Chinese President Xi Jinping and other officials Saturday on issues including trade, North Korea and preparations for an anticipated visit by President Donald Trump to…
Arming China’s Terracotta Warriors — With Your Phone
Technology experts worked with curators to digitally recreate … The exhibition, which also includes hundreds of associated artifacts from museums around China, aims to tell the story not only of how the emperor created his…
Tillerson in China as U.S. presses North Korean economic squeeze
BEIJING (Reuters) – U.S. Secretary of State Rex Tillerson will hold top-level talks in China on Saturday as the United States looks to tighten an economic squeeze aimed at persuading North Korea to retreat from…
Tillerson on China visit focused on North Korea, trade
BEIJING — U.S. Secretary of State Rex Tillerson is in China for weekend discussions focused on trade and North Korea, along with preparations for an anticipated visit by President Donald Trump in November. Tillerson is…
China’s factories grow at fastest pace in over five years as prices surge
BEIJING (Reuters) – China’s manufacturing activity grew at … So far, the regulatory clampdown has focussed on the financial sector, particularly interbank and shadow banking activity, and the pass-through to the real economy appears to…
China c.bank FX derivatives’ short position unchanged at $6.04 bln at end-August
BEIJING, Sept 30 (Reuters) – China’s central bank said on Saturday that its holdings of short foreign currency positions in forwards and futures versus the yuan were unchanged for a third month in a row…
