China finalised rules on Thursday that would scrap quotas under two major inbound investment schemes, giving qualified foreign institutions unlimited access to Chinese stocks and bonds in the latest … ( read original story …)
FINANCE
Deutsche Bank’s Liu Sees China’s Economy Recovering Gradually in 2Q
Linan Liu, rates and FX strategist at Deutsche Bank AG Greater China, discusses the outlook for the yuan amid China’s monetary policy changes. She spoke on the April 19, 2020 episode of “Bloomberg … (…
Ideanomics’ MEG Signs Agreement with Beijing Xenning Green for EV Procurement and Financing
MEG division has today announced an agreement with Beijing Xinneng Green Intelligent Network Technology Co., Ltd. (BXGI) to help finance the replacement of its urban fleet with electric vehicles (EVs) … ( read original story…
The China Chuanglian Education Financial Group (HKG:2371) Share Price Is Down 91% So Some Shareholders Are Rather Upset
Long term investing works well, but it doesn’t always work for each individual stock. It hits us in the gut when … ( read original story …)
Coronavirus: China’s central bank, finance ministry at odds over funding for economic recovery
Top economic policymakers in Beijing are split over the best method to finance China’s recovery from the coronavirus pandemic. ( read original story …)
Industrial Bank issues special financial bonds for small business loans
The Industrial Bank issued 30 billion yuan (about 4.23 billion U.S. dollars) in special financial bonds for small business loans on Wednesday, aiming to help these firms resume work and production. ( read original story…
Jack Ma’s online bank plans $400 billion lending spree
With China’s economy in free fall and millions of small businesses running low on cash, the online lending platform backed by billionaire Jack Ma entered crisis mode.. Read more at straitstimes.com. ( read original story…
China’s Financial Markets Look Set for Another Post-Holiday Drop
China’s financial markets have some catching up to do after an extended holiday, and most of it is bad news. Mainland investors will have their first chance to react to the cautious shift in sentiment…
China Stocks Drop as Markets Reopen to Escalating U.S. Tensions
Chinese stocks fell as the country’s financial markets caught up with the cautious shift in sentiment globally after an extended holiday.The CSI 300 Index of stocks slipped 1.2% in pre-market trading … ( read original…
Former trade official: Rising US-China tensions ‘start of a new cold war’
Clete Willems, Former NEC deputy director, says China and the U.S. are engaged in the start of a new cold war. With CNBC’s Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Steve…
Bank of China may compensate up to 20% of investments in oil products, sources say
Bank of China (BoC) is considering compensating up to 20% of all investors’ original investments in crude oil-linked products, and shouldering all losses recorded in negative territory, two sources … ( read original story …)
China Mengniu Dairy: Opportunities And Challenges Coexist
China Mengniu’s 1Q2020 financial performance is likely to have taken a hit from the coronavirus pandemic, which is expected to change the behavior of both compe … ( read original story …)
Bank of China Tells Investors It Will Absorb Some Oil Losses
Bank of China Ltd. told clients it’s willing to shoulder part of the $1 billion loss suffered by thousands of retail investors after a product linked to the price of oil collapsed last month. (…
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