Chinese banks saw steady expansion in assets in the first half of the year, data from the country’s top banking and insurance regulator showed. Local and foreign currency assets of the country’s …
FINANCE
China’s new COVID outbreak puts global economic recovery at risk
The blow to China’s economy from the delta variant outbreak deepened in the past two weeks, according to high-frequency data. Deterioration on the demand side in late July an …
China’s digital yuan ambitions raise more questions than answers
As countries experiment with central bank digital currencies (CBDCs), China is the only large economy with an actively deployed CBDC: the digital yuan, or e-CNY. China’s central bank recently …
Former HKEX boss Charles Li’s new platform aims to provide finance to 10,000 small companies in mainland China
Micro Connect, set up by Charles Li, may need to raise up to 10 billion yuan (US$1.5 billion) from global investors as it aims to provide much-needed funds to small businesses in mainland China.
China Bonds Face Week of Reckoning as Loans, Key Data Come Due
The rally in China’s government bonds has cooled as traders pared bets for further policy easing. Data in the coming days may help determine if the gains are revived.The first clue on the rate outlook…
Congressman’s Stock Sale Puts Thousands in Bank of China Account
New York Representative Joseph Morelle and his wife ended up with as much as $250,000 in an account with the Bank of China last year after their broker deposited the proceeds of a stock sale.Morelle,…
Bank of America: This China ETF Looks ‘Most Attractive’
The MSCI China Index is off 8.50% over the past month and resides 26.62% below its 52-week high – a sign of a bear market. Those statistics imply investors currently lacking China exposure may be…
China Finance Online Announces Receipt of Nasdaq Delisting Notice
China Finance Online Co. Limited (“China Finance Online”, or the “Company”, “we”, “us” or “our”) (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese individual …
Is China’s financial crisis a judgement from God?
In the modern media era, we tend not to pay much attention to international affairs, and when we do, it’s generally in search of ammunition to use in domestic political battles. So you might be…
China’s central bank faces mounting calls for surprise rate cut
China’s central bank is facing mounting calls to cut interest rates as fresh coronavirus outbreaks threaten to upend the recovery in the world’s second-largest economy.
TIAN RUIXIANG Holdings Ltd Partners with Beijing Puyuan Technology Co., Ltd. to Develop Intelligent Sales and Customer Service Systems
TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the “Company”), a China-based insurance broker, announced today it has entered into a strategic cooperation agreement (the “Agreement”) with Beijing Puyuan …
Hedge Fund Winners and Losers of China’s Sudden Crackdown
A meltdown in Chinese stocks last month caught at least half a dozen Asia-based hedge fund managers flat-footed, leaving them nursing losses and pondering Xi Jinping’s next move.Franchise Capital, …
Global financial giants expand footprint in China amid further opening-up
File photo shows the entrance of the China Securities Regulatory Commission in Beijing, capital of China. (Xinhua/Li Xin) BEIJING, Aug. 13 (Xinhua) — Foreign-invested financial institutions are now …
