China Banking Corp. raised P20 billion after returning to the domestic debt market through the issuance of three-year peso bonds to bankroll the bank’s strategic initiatives and expansion programs. ( read original story …)
FINANCE
Sale of US government’s Shouson Hill Road property in Hong Kong proceeds after Beijing approves transaction
Hong Kong has approved the sale of one of the United States government’s most valuable assets in the city to local developer Hang Lung Properties, after the US state department obtained permission … ( read…
Sale of US government’s Shouson Hill Road property proceeds after Beijing approves transaction
Hong Kong has approved the sale of one of the United States government’s most valuable assets in the city to local developer Hang Lung Properties, after the US state department obtained permission … ( read…
East Stone Acquisition Corporation Announces Business Combination with JHD Holdings (Cayman)
East Stone Acquisition Corporation (Nasdaq: ESSC) (“East Stone”), a publicly traded special purpose acquisition company (“SPAC”), and JHD Holdings (Cayman) Limited, an innovative merchant enablement … ( read original story …)
China’s Central Bank Drains USD40.3 Billion From Financial System After Lunar New Year
China’s central bank pulled CNY260 billion (USD40.3 billion) from the financial system today, the first day of trading after the Spring Festival holiday. The People’s Bank of China offered CNY200 … ( read original story…
Online Channel, China Helped Valentino Weather Pandemic in 2020
Online sales climbed 62 percent at Valentino and Mainland China retail sales rose 44 percent in 2020, but the effects of the COVID-19 pandemic drove total revenues down 28 percent. ( read original story …)
14 things you may not know about China’s Economy
1. What are China’s trade tariffs and how are they used? Tariffs are extra customs duties imposed on imported goods, usually paid by importers. Learn more 2. What do you need to know about China…
China Rolls Over $31 Billion in Medium-Term Loans to Banks
China provided medium-term funds to lenders on Thursday, giving banks some relief after its cash drainage last month triggered the country’s worst liquidity squeeze since 2015. ( read original story …)
Media OutReach Expands into China with Strategic Partnership with Xinhua Finance Agency
The newswire continues growing its foothold in Asia by opening its 7th office in the region HONG KONG SAR – Media OutReach – 18 February 2021 – Media OutReach, the first global newswire founded in ……
China’s Cinema Screen Count Leaps Despite COVID Closures
China actually built nearly 6,000 more new screens in 2020, according to a new report from the country’s film authorities. The data … ( read original story …)
China inflation to rise after March – Financial News
China’s CPI may turn positive after March, the People’s Bank of China (PBOC) run newspaper – Financial News reports, citing Chinese analysts. “China is likely to face more moderate inflation in 2021 … ( read…
China Stocks’ Strong Start to New Year Falters Near Record High
Chinese stocks traded near a record as mainland financial markets opened for the first time following the Lunar New Year break. ( read original story …)
China’s Central Bank Rolls Over $31 Billion in Medium-Term Funds
China provided medium-term funds to lenders on Thursday, giving banks some relief after its cash drainage last month triggered the country’s worst liquidity squeeze since 2015. ( read original story …)
