Shaun Roache of S&P Global Ratings says financial decoupling between the U.S. and China are an acute risk for the markets in the short run, which could tighten financial conditions and move exchange … (…
FINANCE
China Risk May Overshadow Emerging Markets Eyeing Vaccine Hopes
The final week of August may prove key for emerging markets attempting to erase this year’s losses as investors fret that rising U.S.-China tension will overshadow optimism on vaccine … ( read original story …)
China Vows Continued Support for Hong Kong as Financial Hub
China will provide support for its financial institutions who are doing business in Hong Kong while complying with regulations and offering services to residents and companies, the China Banking and … ( read original story…
US-China relations: Beijing condemns financial sanctions on Hong Kong
America’s ‘actions to undermine financial stability in Hong Kong are not only against the Chinese people but also against the people of the world’, CBIRC says. ( read original story …)
China Plans New Real Estate Financing Rules
China will institute new rules in real estate financing, its central bank said on Sunday. The move comes after China’s Ministry of Housing and Urban-Rural Development and the People’s Bank of China … ( read…
China approves BlackRock, Temasek and CCB joint wealth venture
China has approved a wealth management joint venture between U.S. asset manager BlackRock Inc , Singapore state investor Temasek Holdings (Pte) Ltd and China Construction Bank Corp (CCB) , as China … ( read original…
China’s unlicensed asset management firms still a threat, central bank official says
Fan Yifei, vice governor of the People’s Bank of China, told a forum that a sizeable proportion of the 5,000 third-party wealth management firms in China do not have the licence to sell insurance or…
China’s unlicensed asset management firms still a threat, c.bank exec says
Some unlicensed asset management companies are still operating in China, causing a “serious threat to financial stability”, a top official of China’s central bank on Saturday. Fan Yifei, vice governor … ( read original story…
China’s consumer finance firms report growing client base
China’s consumer finance firms reported a steady expansion in their client base as small-sum and convenient loans continued to gain popularity, according to an industry report. By the end of June, … ( read original…
China’s investment in Belt and Road countries up 28.9%
BEIJING (Xinhua): China’s non-financial direct investments in countries along the Belt and Road (B&R) stood at US$10.27 billion in the first seven months, up by 28.9 per cent year-on-year, data showed … ( read original…
International Financial Center Property Ltd. — Moody’s affirms ratings of Beijing Capital Land and its subsidiaries; outlooks stable
Moody’s Investors Service has affirmed Beijing Capital Land Limited’s (BJCL) Ba3 corporate family rating (CFR). 2. The provisional (P)B1 backed senior unsecured rating on the medium-term note (MTN) … ( read original story …)
US-China relations: Middle East countries under pressure to take sides against Beijing: former Chinese envoy
US allies in the Middle East are coming under growing pressure to pick sides against China, posing a challenge to Beijing’s plans for a bigger economic foothold in the region, according to a former ……
China Renaissance Announces Unaudited 2020 Interim Results
China Renaissance Holdings Limited (“China Renaissance” or the “Company”; stock code: 1911.HK) today reported its unaudited interim results for the six months ended June 30, 2020. ( read original story …)
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