BEIJING (Reuters) – China’s central bank policy adviser Huang Yiping said on Wednesday that bank lending rates in China should be market-based and that policymakers should not rely on administrative measures to lower funding costs.…
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Morgan Stanley is upbeat about China’s ‘new economy with scale’
Morgan Stanley is bullish on China as IPO activity picked up The investment bank is talking to more than a hundred companies, including “new economy” businesses Aside from the changing mix of firms with which…
Tencent-backed Yixin’s IPO is Hong Kong’s 10th hottest ever as investors eye China’s online car sales growth
Yixin Group, China’s largest online car retailer, has priced its highly-anticipated initial public offering at the upper end of the price range to raise a total HK$6.77 billion (US$870 million), as investors eye the rapid…
Opinion: Why China’s financial system is safer than you may think
Last month, the governor of China’s central bank, Zhou Xiaochuan, blasted the country’s financial system as, if I were to paraphrase, “messy, shaky and risky”. These are all music to the ears of some China…
China frees UCLA basketball players held over ‘shoplifting’
News agency Reuters cited a senior White House official as saying … Mr Trump has just wrapped up a 12-day tour of Japan, South Korea, China, Vietnam and the Philippines. However, critics have accused him…
China sending envoy to North Korea following Trump visit
Song Tao, the head of China’s ruling Communist Party’s International Liaison Department, will travel to Pyongyang on Friday to report on outcomes of the party’s national congress held last month, the official Xinhua News Agency…
China says Catalonia situation shows Taiwan independence effort doomed to fail
the spokesman of China’s policy-making Taiwan Affairs Office. “The failure of the Catalonia referendum fully shows that protecting national sovereignty and territorial integrity is a paramount national interest for east or west,” Ma told a…
China sends senior official to North Korea – days after Donald Trump’s meeting with Xi Jinping
February last year was the last time China’s special envoy for North Korea visited the country, Reuters news agency said. Additional reporting by Christine Wei. ( read original story …)
China ticketing platform Maoyan raises $150 million from Tencent
BEIJING (Reuters) – Maoyan, one of China’s biggest online ticketing platforms, on Wednesday said it has secured 1 billion yuan ($150.82 million) in funding from internet giant Tencent Holdings Ltd, valuing the company at 20…
3 UCLA basketball players return to US after being detained in China for allegedly shoplifting
Fox News confirmed. Scott thanked Trump, the White House and the State Department for their efforts in resolving what he called “the incident with authorities in Hangzhou, China.” He indicated UCLA made “significant efforts” on…
Clark, Wat met Hong Kong, China developers as foreign investor debate roiled B.C.
They wanted to know if Clark’s government would intervene in the market to reduce prices, according to documents obtained by Postmedia News show. The internal Ministry … estate tycoons and corporations in China and Hong…
China to send envoy to North Korea
though China has not announced any new punitive measures. Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download…
Time to revive Hong Kong’s enviable IPO past
“To boost Hong Kong’s status as a centre for IPOs requires regulators, intermediaries and investors to work together to build an ecosystem that can attract companies which represent the ‘new China’ story,” says Houston Huang,…
