Chinese gaming stocks listed in the U.S. are under pressure once again after regulators in Beijing cut back the amount of time children can play online each week to just three hours.American …
FINANCE
Inside the Huarong Bailout That Rocked China’s Financial Elite
The numbers circulating through official Beijing were even worse than feared.This was looking like one of the biggest single money-losers in modern Chinese history. But who, if anyone, would be …
What is China Doing to Its Stock Market and Why? A Hypothesis
The US stock market is thriving while China’s stock market deteriorates. China could intervene to limit stock market losses, but it is not. Is China purposely losing a battle in order to win a war?
China’s Electric Two-wheeler Growth Opportunities
China’s two-wheeler market is highly mature, comprising domestic production, domestic sales, and import and export activities. China is also a major producer of two-wheelers in the world.New York, Aug …
China’s lottery sales rise in July
China’s lottery ticket sales totalled 36.25 billion yuan (about 5.6 billion U.S. dollars) in July, an increase of 96 million yuan from the same period last year, data from the Ministry of Finance …
China Construction Bank says net interest margin to narrow in H2 2021
BEIJING, Aug 30 (Reuters) – China Construction Bank (601939.SS), country’s second-largest lender by assets, said its net interest margin will be narrower in the second half of 2021. The margin, a key …
Bank of China H1 profit rises 12per cent, biggest first half jump since 2013
Bank of China Ltd (BoC), the country’s fourth-largest lender by assets, posted a 11.8per cent increase in first-half net profit on Monday, the biggest jump since 2013 as business activity recovered …
Industrial Bank records 23.08% rise in net profits for H1
Industrial Bank Co Ltd, one of the first batch of joint-stock commercial banks on the Chinese mainland, saw its net profits up 23.08 percent year-on-year in the first half of 2021. Its net profits …
Bank of China H1 profit rises 12%, biggest first half jump since 2013
Bank of China Ltd (BoC) (601988.SS), the country’s fourth-largest lender by assets, posted a 11.8% increase in first-half net profit on Monday, the biggest jump since 2013 as business activity …
China vows to scrub out illegally published financial content
China’s internet regulator has launched a campaign to scour financial information considered damaging to the economy from online platforms and social media accounts. In a statement Friday, the …
China’s central bank may further loosen monetary policy in second half of 2021, says Jefferies
Shujin Chen of Jefferies says China’s economic growth has been slowing down and she expects there will be marginal loosening in the second half of 2021.
China’s Central Bank Official Gives Stern Warning on Cryptocurrencies as They are Not Legal Tender and Have No Actual Value
The People’s Bank of China (PBoC) is the central bank of the People’s Republic of China. On August 27, 2021, Yin Youping, Deputy Director of the Financial Consumer Rights Protection Bureau of the PBoC …
China August factory activity seen growing at slightly slower pace: Reuters poll
Growth in China’s factory activity likely cooled further in August, a Reuters poll showed on Monday, as COVID-related restrictions and high raw material prices continued to pressure manufacturers and …
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