China’s central bank has sold at least some of its stake in India’s Housing Development Finance Corp., according to shareholder details filed with the exchanges. ( read original story …)
FINANCE
China June new bank loans rise to 1.81 trln yuan, beat forecast
Chinese banks extended 1.81 trillion yuan ($258.23 billion) in new yuan loans in June, up 22% from May and slightly exceeding analysts’ expectations. Analysts polled by Reuters had predicted new yuan … ( read original…
Global Banks Risk Breaching China Law by Complying With U.S.
Global banks risk being caught between Beijing-backed penalties and sanctions being debated in the U.S. as Hong Kong’s autonomy becomes a volatile point of friction between the two superpowers. ( read original story …)
China State Funds Start Selling in Warning Sign for Stock Rally
Chinese megacap shares fell Friday after two state-backed funds trimmed their holdings in a sign that the government wants to slow down the rally.People’s Insurance Company (Group) of China Ltd., … ( read original story…
Google Scrapped Cloud Initiative in China, Other Markets
Google abandoned plans to offer a major new cloud service in China and other politically sensitive countries due in part to concerns over geopolitical tensions and the pandemic, according to two … ( read original…
China continues to ‘undermine’ every facet of US, global economy: Rep. Devin Nunes
Calif., provides insight into China’s attempt to grow its global influence and the Russia probe. ( read original story …)
China’s ‘Too Fast, Too Sudden’ Bond Rout at Mercy of Stock Rally
A brutal selloff that’s made China’s government bonds one of the world’s worst performers is showing no signs of ending any time soon. ( read original story …)
Is China Online Education Group’s (NYSE:COE) Share Price Gain Of 273% Well Earned?
China Online Education Group (NYSE:COE) shareholders might be concerned after seeing the share price drop 10% in … ( read original story …)
China’s new yuan loans set to rise in June on policy support
and the finance ministry said on Wednesday that 59.5% of that quota has already been used up in the first half of this year. China has also started to issue 1 trillion yuan in special…
China to Boost Investments, Financing for Water Conservancy Projects
China raised its national emergency response … featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more. The Most Important Ages for … ( read original story …)
China Must Take Steps to Stabilise Foreign Trade: Vice Premier
China would also strive to maintain the stability … featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more. The Most Important Ages … ( read original story…
China Account Holders Beware! Chinese Govt Limits Large Cash Withdrawals After Bank Runs
Beijing: China is imposing checks on large banking withdrawals following fears of bank runs and rising bad debts among the lenders. Also Read – After Visa Ban, US Mulls Additional Presidential Action … ( read…
European shares rise on SAP’s upbeat outlook, China rally
(Reuters) – European stocks rose on Thursday as software giant SAP signalled a rebound in its business from a coronavirus hit and China’s stock markets extended a rally, supporting risk sentiment … ( read original…
