BEIJING (Reuters) – China’s defense ministry said on Thursday that navy chief Shen Jinlong plans to visit the United States in September, despite an escalating trade row that threatens to spill into o… ( read…
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Chinese property developers opt to ‘wait and see’ as failed land auctions climb
HONG KONG (Reuters) – Last year China’s more aggressive property developers were willing to pay whatever it took to secure land banks, but today China is seeing a surge in failed land auctions. ( read…
China’s big banks post firm results, see trade tension risks
Agricultural Bank of China (AgBank) (01288.HK, 601288.CN), the country’s third-largest lender, expects its asset quality to stabilize in the second half, but said it has increased provisions as trade … ( read original story …)
Trade tensions cast shadow even as China’s big banks bag more profits
BEIJING (Reuters) – Agricultural Bank of China (AgBank), the country’s third-largest lender, expects its asset quality to stabilize in the second half, but said it had increased provisions as … ( read original story …)
Behind the gains for China’s big banks lurks the spectre of pain
At first glance, investors in China’s big banks should be breaking out the champagne. Tighter liquidity has boosted margins at three of the big four, with a crackdown on shadow banking forcing borrowe… ( read…
China Mobile to be given special task in 5G deployment
China is leading the race to deploy 5G, the next generation of mobile technology, with the government planning to launch a trial service by the end of this year. Market watchers expect Beijing to anno……
China Mobile (CHL) vs. PLDT (PHI) Head to Head Review
China Mobile has higher revenue and earnings than PLDT. PLDT is trading at a lower price-to-earnings ratio than China Mobile, indicating that it is currently the more affordable of the two stocks. Ins… ( read…
Private Banks Are Starting to Breach the Wall Around China’s Wealthy
It’s hard to put numbers on the vast private banking opportunity in China, but here are some: $29 trillion in household wealth and $15 trillion in the asset management industry. Perhaps the most cruci… (…
China bank regulator says will push forward with deleveraging
BEIJING (Reuters) – China’s banking regulator said on Wednesday that it will push forward with deleveraging and proactively fend off external risks, as the financial sector still faces hidden risks an… ( read original story…
Trade tensions cast shadow as China’s top banks post higher profits
BEIJING (Reuters) – Agricultural Bank of China (AgBank) (601288.SS), the country’s third-largest lender, said its asset quality is expected to stabilize but mounting trade tensions are a threat … ( read original story …)
Rights groups to Google: No censored search in China
BEIJING — More than a dozen human rights groups are urging Google not to offer censored internet search in China, amid reports it is planning to again provide the service in the giant market. (…
Customers Died. Will That Be a Wake-up Call for China’s Tech Scene?
“Truly disgusting, despicable marketing for Didi Hitch that’s all sexual innuendo and all about ‘picking up’ girls,” said Rui Ma, a technology investor who works in both Silicon Valley and China, on T… ( read…
Chinese Tesla rival NIO revs up US$1.3bn IPO on NYSE
In a filing with the Securities and Exchange Commission, NIO registered an IPO of its American depositary shares … at about half the price of Tesla’s Model X in China. The ES8 is Nio’s first…
