China country-specific exchange traded funds surged as Beijing pledges to support the financial markets and Chinese regulators set out to communicate with their U.S. counterparts to reach an agreement …
FINANCE
China moves to curb use of celebrities for promotion of financial products
China’s banking watchdog will strengthen rules governing the marketing of financial products, particularly the use of celebrities to promote loans or investment products.
China’s State Council committee stresses economic, financial stability
BEIJING: The financial stability and development committee under China’s State Council held a meeting on Wednesday, urging measures to keep the country’s major economic indicators within an …
Bulls in a China shop, stocks rise ahead of the Fed
Today’s announcement by China’s vice premier Liu He, to call time on those policies, and be more supportive, turbocharged a sharp rise in Chinese stocks with the Hang Seng China Enterprises index …
Xi Spurs Frantic Stock Buying With Lifeline for China Market
After a brutal 12 months for Chinese equities, Wednesday’s session was looking like a tepid bounce off multi-year lows until the headlines started rolling from Beijing. Then greed quickly replaced the …
China will not pilot property tax reform in more cities in 2022: official
China’s finance ministry has said there are no suitable conditions this year to expand the country’s list of pilot cities for real estate tax reform. The judgement was made after various aspects were …
Book Launch of Global Digital Banking Research Report 2022
A book launch of the “Global Digital Banking Research Report 2022”, edited by Haitou Global and published by China Financial and Economical Publishing House, recently took place in Beijing. A number …
China Makes Strong Vow to Ease Crackdowns After Market Turmoil
China made a strong push to stabilize battered financial markets, promising to ease a regulatory crackdown, support property and technology companies and stimulate the economy.
China vows to roll out market-friendly policies; shares soar
Chinese Vice Premier Liu He, China’s economic tsar, urged the roll-out of market-friendly policies to support the economy and caution in introducing measures that risked hurting markets, boosting …
Yum China pops as sentiment around Chinese stocks improves
Yum China Holdings (YUMC) jumped in early trading on Wednesday after investors latched on to a pledge from China’s central bank to keep capital markets stable. Read more.
European stocks follow Asian shares higher after signs of Beijing stimulus
European equities rallied on Wednesday after a senior Chinese official indicated Beijing would step in to boost the world’s second-largest economy, soothing market jitters caused by the war in Ukraine …
China’s top financial regulator vows to maintain capital market stability
Stock market Photo: cnsphotos. China’s top financial affairs watchdog vowed on Wednesday to take measures to maintain stability of its housing and capital markets, and shore up ec …
China’s finance technocrats grab back the mic
Vice Premier Liu He wants government agencies to coordinate any new policies that might impact markets with financial watchdogs first. That’s music to the ears of investors tired of endless, roving …
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