China’s central bank on Thursday continued to pump cash into the financial system via reverse repos to maintain liquidity in the market. The People’s Bank of China injected 240 billion yuan (about $33 … (…
FINANCE
China’s Beer Lovers to Suffer From Beijing’s Spat With Australia
Chinese imports of Australian barley are continuing to filter through despite Beijing’s hefty tariffs on shipments, a move that could push up beer prices in the world’s largest consumer of the … ( read original…
Pro-Beijing politician wins key committee post in fractious Hong Kong vote
Clashes broke out in Hong Kong’s legislature for a second time this month as a pro-Beijing politician was elected as chair of a key committee that scrutinises bills, ending a prolonged struggle for … (…
UPDATE 1-China relaxes rules over insurers’ bank bond investments
SHANGHAI/BEIJING, May 27 (Reuters) – China’s banking and insurance regulator said Wednesday that it would relax rules for insurers in … ( read original story …)
China regulator eases insurers’ bond investment rules to replenish bank capital
China’s banking and insurance regulator on Wednesday said it was relaxing rules for insurers investing in bonds used to replenish banks’ capital. ( read original story …)
Investors Who Bought Beijing Jingneng Clean Energy (HKG:579) Shares Five Years Ago Are Now Down 53%
This month, we saw the Beijing Jingneng Clean Energy Co., Limited (HKG:579) up an impressive 38%. But if you look … ( read original story …)
Trump Says Hong Kong Will Lose Finance Industry After China Law
President Donald Trump believes Hong Kong will lose its status as Asia’s financial hub if the Chinese government proceeds with a new law to curb protests in the territory, the White House press … (…
Hong Kong ‘hard to see’ as finance hub if China takes over: W.House
President Donald Trump is “displeased” with China’s proposed crackdown in Hong Kong and has doubts over the territory’s future as a global financial center if it goes ahead, the White House said … ( read…
China’s central bank to increase counter-cyclical adjustments, help lower lending rates
China’s central bank said Tuesday that it will increase counter-cyclical adjustments, further deepen the reform of the loan prime rates and push for lower real lending rates. Yi Gang, governor of the … ( read…
Wins Finance Holdings Inc. Receives Delisting Determination Letter from Nasdaq
Wins Finance Holdings Inc. (“Wins Finance” or the “Company”) (NASDAQ: WINS), a diversified investment and asset management company that provides integrated financing solutions to small and medium … ( read original story …)
Hong Kong Finance Has a Security Blanket
China’s decision to impose a national security law on Hong Kong has spurred speculation of capital flight and an erosion of the city’s status as an international financial center. As a venue for share … (…
China’s digital currency not set for launch as trials are ‘just routine’, central bank governor cools speculation
People’s Bank of China governor Yi Gang says ‘there’s no timetable for an official launch’ of the world’s first sovereign digital currency despite upcoming trials. ( read original story …)
China conducts fifth central bank bills swap in 2020
The People’s Bank of China, the central bank, conducted the fifth central bank bills swap (CBS) operation in 2020 Tuesday to improve the liquidity of perpetual bonds issued by commercial banks. The … ( read…
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