Hungary and China have signed a loan agreement to finance the construction of a railway link between Budapest and Belgrade, Finance Minister Mihaly Varga announced on Friday, kickstarting a project … ( read original story…
FINANCE
Coronavirus latest: Bank of America sees opportunities in ‘humiliated’ energy assets
Bank of America has advised clients that now is a good time to buy ‘humiliated’ oil … China’s top envoy to the EU has hit back at allegations that Beijing is spreading disinformation over the…
Trump ‘Owes Tens of Millions’ to State-Owned Bank of China
Reporter President Trump’s re-election campaign recently attacked Joe Biden for being too close to China, insinuating there was some kind of murky financial link between Beijing and the former VP’s … ( read original story…
Trump owes tens of millions to the Bank of China — and the loan is due soon
But Trump himself is tens of millions of dollars in debt to China: In 2012, his real estate partner refinanced one of Trump’s most prized New York buildings for almost $1 billion. The debt includes…
Read This Before Buying Beijing Jingkelong Company Limited (HKG:814) For Its Dividend
A high yield and a long history of paying dividends is an appealing combination for Beijing Jingkelong. We’d guess that plenty of investors have purchased it for the income. Some simple analysis can … (…
China stocks ease, but losses curbed by another central bank rate cut
China stocks eased on Friday and were set for weekly declines amid lingering coronavirus worries, but losses were limited as Beijing pledged more support to shore up the world’s second- largest … ( read original…
Results: Beijing Capital International Airport Company Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
Shareholders might have noticed that Beijing Capital International Airport Company Limited (HKG:694) filed its … ( read original story …)
China central bank cuts interest rate on TMLF by 20 basis points
China’s central bank cut the interest rate on its targeted medium-term lending facility (TMLF) on Friday, following similar reductions to borrowing costs on other liquidity tools in the past few weeks … ( read original…
Is China Resources Gas Group Limited’s (HKG:1193) Latest Stock Performance A Reflection Of Its Financial Health?
China Resources Gas Group (HKG:1193) has had a great run on the share market with its stock up by a significant … ( read original story …)
China’s cash-strapped poor take on more debt as coronavirus hits job prospects
Demand for consumer loans is picking up in China, especially among the less affluent, highlighting a group that some say could use more support during the coronavirus-induced economic downturn. ( read original story …)
Ping An Consumer Finance Launches, Expanding Footprint in Financial Services Sector
Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEx:2318; SSE:601318) announced the launch of Ping An Consumer Finance Co., Ltd. (Ping An Consumer Finance) in Shanghai upon approval from … ( read original…
China Is Nowhere Near Replacing The Dollar
If China wants to eat into the dollar’s power globally with the internationalization of the yuan, it needs Europe to acquiesce. ( read original story …)
China Life Insurance Company Limited Announced Change of Person in Charge of Finance
The board of directors (“Board”) of China Life Insurance Company Limited (the “Company” or “China Life”) (NYSE: LFC; SSE: 601628; HKSE: 2628) announced today that due to the adjustment of work … ( read original…
