The shareholding of China Evergrande Group’s chairman in its property services unit has fallen to 58.18% from 60.96% after forced selling of pledged shares by a third party, a Hong Kong stock exchange …
FINANCE
2021: An year of record trade amid frozen India-China ties over Ladakh chill
According to last month’s data from China’s General Administration of Customs (GAC), the India-China bilateral trade totalled USD 114.263 billion, up 46.4 per cent year-on-year from January to …
China’s central bank conducts 20 bln yuan of reverse repos
China’s central bank on Friday conducted a total of 20 billion yuan (about 3.14 billion U.S. dollars) of reverse repos to maintain liquidity in the banking system. The amount included 10 billion yuan …
China’s non-financial outbound direct investment down
China’s non-financial outbound direct investment (ODI) reached 640.38 billion yuan in the first 11 months of the year, down 2.9 percent year on year, official data showed Thursday. In U.S. dollar …
China Stock Market May Extend Thursday’s Gains
The China stock market has moved higher in two of three trading days since the end of the two-day losing streak in which it had stumbled more than 80 points or 2.3 percent. The Shanghai…
China’s non-financial outbound direct investment down 2.9% in Jan-Nov
BEIJING – China’s non-financial outbound direct investment (ODI) reached 640.38 billion yuan in the first 11 months of the year, down 2.9 percent year-on-year, official data showed Thursday. In US …
Challenges tackled with financial innovation
“There has been some notable innovation in the fiscal mechanism in the past two years, and we, as researchers, believe these changes will be conducive to China’s long-term healthy growth, particularly …
China high-yield bonds are getting ‘pretty close’ to bottoming, says CIO
Monica Hsiao of Triada Capital says China high-yield bonds, which have been hit hard by the real estate debt crisis, may bottom out in the first half of 2022.
Year-ender: Major financial events in 2021
China has made efforts to build up a multi-level capital market in 2021, with financial sector further liberalized. Market regulation and supervision has been enhanced to crack down on illegal …
China’s Testing, Inspection, and Certification Market Size is Anticipated to Reach USD 64.9 Billion by 2028 Expanding at a CAGR of 7.1%
The “China Testing, Inspection, and Certification Market Size, Share & Trends Analysis Report By Service Type (Testing, Inspection, Certification), By Sourcing Type (In-house, Outsourced), By …
China company JD.com sinks, Crocs stock tanks on acquisition news, Nikola pops
Yahoo Finance’s Ines Ferre details several of the trending stocks, including JD.com’s drop due to Tencent selling off a portion of its stakes, Crocs acquiring footwear brand Heydude, and the first …
Chinese Central Bank Slashes Main Interest Rate Amidst Economic Pressure
On Dec. 20, the People’s Bank Of China (PBOC) announced a five-basis point cut in its one-year Loan Prime Rate (LPR), taking it from 3.85 percent to 3.80 …
Banking veterans back China-focused tech start-up
Lord Rothschild and Sir Simon Robey are among investors in the new company that invests in Chinese and Korean tech firms …
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