That brought relief for investors and regulators worried about fallout for global markets and added to reassurances from Chinese officials that creditors would be protected …
FINANCE
China property behemoth finds funds to avert bond payment default for now
China Evergrande Group appeared to have averted default with a last-minute bond coupon payment, a source said yesterday, buying it another week to deal with a debt crisis looming over the world’s …
China’s fiscal revenue up 16.3 pct in first nine months
File photo shows a worker counts Chinese currency Renminbi banknotes at a bank in Tancheng County of Linyi City, east China’s Shandong Province. (Xinhua/Zhang Chunlei) BEIJING, Oct. 22 (Xinhua) — …
China regulator suggests Big Tech crackdown may be coming to an end, report says
More than a thousand issues related to the fintech operations of 14 internet platforms were identified by authorities.
Factbox-China’s indebted property market and the Evergrande crisis
China Evergrande Group has rapidly become Beijing’s biggest corporate headache as it wrestles with debts of more than $300 billion and the fate https://reut.rs/3jrfpZG of the country’s second-biggest …
Factbox-China Evergrande’s bond coupon payments through April 2022
China Evergrande Group on Friday confounded market expectations that it would formally default this weekend, supplying funds to pay interest on a U.S. dollar bond before the expiration of a 30-day …
China Markets Begin Turnaround After Being Priced for Collapse
Investors have been running scared of China this year as a regulatory crackdown and fears of financial contagion have roiled the nation’s assets. They now look to be making their way back.
China Finance Online Co. Limited [JRJC] Is Currently 20.93 above its 200 Period Moving Avg: What Dose This Mean?
JRJC] gained 20.93% or 1.58 points to close at $9.13 with a heavy trading volume of 26562063 shares. The company report on October 7, 2021 that China Finance Online Receives Extension for Regaining Co …
China’s Soyoil Hit Near 10-Year High, Crush Margins Swing Back to Profit
China’s soybean oil prices hit a near 10-year peak this week on tight supply and robust demand, lifting key soybean crushing margins to six-month highs despite sustained weak demand for soymeal from …
Xinhua Silk Road: Financial sector’s role in real economy discussed at annual Financial Street Forum in Beijing
Conference of Financial Street Forum 2021 kicked off Wednesday in Beijing has pooled insights on financial sector’s role in enhancing economic resilience and supporting high-quality development.
China Evergrande Makes Payment Before Deadline, Official Media Says
The troubled property giant faced the threat of default if it didn’t meet its obligations to foreign bondholders by Saturday.
What does a stronger US dollar-yuan exchange rate mean, and why is Beijing worried?
The exchange rate between China’s yuan and the US dollar has become a closely watched issue as a lower yuan exchange rate figure means it takes fewer yuan to purchase one US dollar, indicating a…
China’s land sales slump for second month as developers stay away
China’s government land sales slumped for a second month as demand from private developers further softened following tighter regulations on fresh borrowing, adding pressure on local authorities …
