CLSA Ltd.’s former deputy chief executive officer and its head of compliance have joined an exodus from the Hong Kong brokerage after its state-owned Chinese parent tightened controls on decision … ( read original story…
FINANCE
China’s plan for responding to global uncertainty is building up its own market, advisors say
Tensions between China and the U.S. have escalated in the last two years, beginning with trade and spilling over into technology and, to some extent, finance. Many economists predict China will … ( read original…
China looks beyond GDP growth rate as Beijing outlines five-year plan and 2035 vision amid rivalry with US
Security’ and ‘growth quality’ are expected to be emphasised in Beijing’s upcoming five-year plan and its broader 2035 plan focusing on economic and social development. ( read original story …)
China Evaluates Ways to Contain Evergrande Financial Risks
China’s top financial officials are evaluating the risks posed by China Evergrande Group, according to people familiar with the matter, amid heightened investor concern that the world’s most indebted … ( read original story …)
Bank of Asia Joins the Belt and Road Service Connections
ROAD TOWN, British Virgin Islands, Sept. 29, 2020 /PRNewswire/ — Bank of Asia and the Belt and Road Service Connections held an online signing … ( read original story …)
China Looks to Normalize Monetary Policy as Economy Stabilizes
China’s central bank is seeking to normalize monetary policy as the “economy recovers steadily,” in another sign that the country’s policy makers are gradually pulling back from the stimulus measures … ( read original story…
China stocks rise on recovery hopes, STAR Market jumps
Chinese stocks closed higher on Tuesday with tech shares leading the gains, buoyed by hopes of a sustained domestic economic recovery. ( read original story …)
China and world at risk of financial turmoil greater than 2008 crisis, ex-finance minister warns
Extent of China’s V-shaped economic recovery will ultimately depend on the performance of the global economy, and the ongoing wave of anti-globalisation is cause for alarm in the near-term, Lou Jiwei … ( read original…
China’s central bank to better support real economy
China’s central bank has pledged to step up support for the real economy amid efforts to further lower lending rates and financing costs via reform. The People’s Bank of China (PBOC) will work to make…
Beijing Cautiously Ramps Up Belt-And-Road Dreams In Pakistan, Afghanistan
After a summer of important deals and maneuvers, China is rejuvenating its economic and political footprint in South Asia. ( read original story …)
Beijing Fourth Intermediate People’s Court Issues Judgement Against Sinobioway Medicine and Mr. Aihua Pan
Sinovac Biotech Ltd. (NASDAQ:SVA) (“Sinovac” or the “Company”), a leading provider of biopharmaceutical products in China, announced today that the Fourth Intermediate People’s Court of Beijing (“Beij … ( read original story …)
Futures Bounce as China Industrial Profits Rise
U.S. stock index futures rose on Monday as hopes of a global economic recovery were supported by data showing continued growth in China’s industrial profits, while beaten down shares of banking and … ( read…
China c.bank says it will keep liquidity ample, lower funding costs
China’s central bank said on Monday it will keep liquidity reasonably ample and guide financing costs lower. The People’s Bank of China will make monetary policy more flexible and targeted, the bank … ( read…
