Pro-Beijing candidates swept to victory in an overhauled “patriots-only” legislative election in Hong Kong that was deemed regressive by critics, with turnout hitting a record low amid a crackdown on …
FINANCE
Hong Kong Democrats Boycott Election Stage-Managed by Beijing
Hong Kong held its first major election since Beijing dictated only “patriots” can govern the city, a move that wiped out the pro-democracy bloc and kept voters away.Most Read from BloombergSouth …
Kaisa Group Appoints Financial Adviser; Shares to Resume Trading
The financial adviser will evaluate Kaisa’s liquidity and explore all feasible solutions, the company said in a stock exchange filing on Monday. Kaisa said it hasn’t received any notice regarding …
China’s Kaisa says bondholders have not asked for accelerated repayments yet
Kaisa Group said on Monday it has not received any notice from bondholders to accelerate repayments yet as the embattled Chinese property developer has not repaid a US$400 million (RM1.6 billion) bond …
China Huarong’s Capital, Asset Sale Plan to Boost Support Incentive
Fitch Ratings believes China Huarong Asset Management Co., Ltd.’s (BBB/Rating Watch Positive) recapitalisation and asset sale plan will realign the company towards its core policy role of distressed …
Economic Watch: China strives to keep employment stable
Facing the COVID-19 impact and downward pressure of the economy, China is looking to keep employment stable. As measures keep rolling out to ensure people get jobs, more policies are needed to cope …
China to issue new-year commemorative coins
China central bank will issue a set of commemorative coins starting next Tuesday in celebration of the upcoming new year The set o …
China & Russia are ready to end US dominance of global finance
Russian President Vladimir Putin held extensive talks with his Chinese counterpart Xi Jinping earlier this week with the two world leaders agreeing on p …
China overtakes US in national net worth to grab top spot
BEIJING: China’s net worth reached US$120 trillion in 2020 to overtake the US’ US$89 trillion as a red-hot real estate market drove up property value, according to a report by McKinsey Global …
China’s financial institutions post rising assets
China financial institutions saw expanded balance sheets by the end of the third quarter this year official data showed Wednesday …
Complaints againt China’s banking sector rise in Q3
Consumer complaints received by the China Banking and Insurance Regulatory Commission and its local bureaus rose 26 percent year o …
China, US regulators start talks on audit inspection of Chinese companies on American exchanges amid moves to delist these firms
China’s securities regulator and American authorities have initiated talks on the audit inspection of US-listed Chinese companies amid the potential delisting of these firms.
Chinese shadow banking assets to further decline: Moody’s
China shadow banking assets will continue to drop as regulators in the country increase focus on containing systemic risks in the f …
ADVERTISEMENT
