China’s yuan was largely flat against the dollar on Friday and looked set for a marginal weekly gain, as market participants awaited next week’s Federal Reserve minutes and Beijing’s policy signals …
FINANCE
China’s regulatory crackdown highlights push toward financial stability and consumer protection
Paul Lukaszewski of Aberdeen Standard Investments says China’s regulatory crackdown on the property sector, for instance, is to ensure real estate companies reduce their debt levels and maintain …
The 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.
China’s Credit Expands at Slowest Pace Since February 2020
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.China added new credit at the slowest pace since February 2020 when the nation was in the depths of the…
China’s tech giants generate billions for investors — but small businesses are being squeezed
Investors in Chinese companies have been caught off guard by Beijing’s actions against homegrown tech giants, including comments on overseas-listed shares.
Australia chides China over journalist’s yearlong detention
The Australian government said Friday that it remained seriously concerned about the welfare of a Chinese-born Australian journalist a year after she was first detained in China. Foreign Minister …
China’s outstanding total social financing up 10.7% y/y at end
China’s outstanding total social financing (TSF), a broad measure of credit and liquidity in the economy, rose 10.7% to 302.49 trillion yuan ($46.6 trillion) at the end of July from a year earlier, …
Economic Watch: Green finance high on China’s agenda to achieve carbon neutrality
The timely loan is just one example of China’s booming green finance services. The Industrial Bank has been looking to green finance for a decade and a half, and was the first in China to…
Asian Stocks Subdued on Virus Spread, China Curbs: Markets Wrap
Asian shares wavered Friday as the spread of the delta Covid-19 variant and China’s regulatory curbs restrained sentiment despite another record high close on Wall Street.Stocks fluctuated in Japan …
Tim Hortons China Is Said Near $1.8 Billion Deal With SPAC
The joint venture that runs the Chinese locations of iconic Canadian coffee shop chain Tim Hortons is nearing a deal to go public through a merger with blank-check company Silver Crest Acquisition …
China Banking Corporation — Moody’s announces completion of a periodic review of ratings of China Banking Corporation
Moody’s announces completion of a periodic review of ratings of China Banking CorporationRead the full article …
Big-money investors are piling into stay-at-home stocks and pulling out of China, Bank of America says
The bank said that overweight Chinese stocks like Alibaba, Baidu, and JD.com could soon see renewed selling pressure as investors continue to pare down their China holdings.
Sequoia’s China Portfolio Hits Speed Bump After Tech Crackdown
Sequoia Capital and its Beijing affiliate have spent over a decade scattering more than $10 billion across China’s multitude of startups, backing the likes of ByteDance Ltd. and JD.com Inc. while …
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