Tencent Holdings Ltd.’s revenue beat expectations after Covid-19 lockdowns propelled gaming sales to their fastest pace of growth since 2017, helping offset shrinking ad budgets and a record Chinese … ( read original story …)
FINANCE
China’s top banking, insurance regulator opens WeChat account
The China Banking and Insurance Regulatory Commission (CBIRC), the country’s top banking and insurance regulator, launched its WeChat public account on Saturday as a new channel of policy … ( read original story …)
Industrial Bank Of China Again Tops Forbes’ 18th Annual Global 2000 Ranking Of The World’s Largest Public Companies
Forbes today released its 18th annual Global 2000 list, an international ranking of the world’s biggest, most-powerful and most-valuable companies. ( read original story …)
China’s banking regulator tightens oversight on financial data reporting
This is a rare occasion for the China Banking and Insurance Regulatory Commission (CBIRC) to levy fines on banks regarding data reporting issues, according to Wednesday’s Shanghai Securities News. The … ( read original story…
China Seen Joining Debt Relief Effort for Poorest Nations
The Paris Club is confident China will take part in a global drive to pause debt payments for poor countries that urgently need funds to battle the coronavirus pandemic.China, which has grown to … (…
Coronavirus, growing China-Southeast Asia trade ties could drive offshore use of yuan: FSDC economist
China trade tensions are pushing China towards increased regional coordination in trade that may become a catalyst for yuan internationalisation, according to professor Ba Shusong, Chief China … ( read original story …)
Are Strong Financial Prospects The Force That Is Driving The Momentum In China Resources Cement Holdings Limited’s HKG:1313) Stock?
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders’ Equity So, based on the above formula, the ROE for China Resources Cement Holdings is: 20% = HK$8.3b ÷ HK$42b (Based on the ……
Australia Has an Important Relationship With China: Finance Minister
Australian Finance Minister Mathias Cormann discusses the escalating tensions between Australia and China and the government’s call for an investigation into the origin of coronavirus. He speaks on … ( read original story …)
China announces new tariff waivers for some US imports
China announced on Tuesday a new list of 79 U.S. products eligible for waivers from retaliatory tariffs imposed at the height of the bilateral trade war, amid continued pressure on Beijing to boost … (…
China shares stagnant this week despite Beijing hints at ‘more powerful’ stimulus
Stocks in nearly all of Asia kicked off the week with gains after Beijing said it would implement more powerful stimulus tools to fight what it called “unprecedented” economic challenges. The only … ( read…
China shares stagnant even after Beijing hints at ‘more powerful’ stimulus
Stocks in nearly all of Asia kicked off the week with gains after Beijing said it would implement more powerful stimulus tools to fight what it called “unprecedented” economic challenges. The only … ( read…
FBI arrests Arkansas professor on fraud charges over financial ties to China
A professor at the University of Arkansas specializing in electrical engineering has been arrested by the FBI and charged with wire fraud after being accused of failing to tell federal authorities … ( read original…
No Second Wave In China As Economy Gains More Traction
Shanghai Disney is back in action. Roughly six weeks of lockdowns ended, China is getting back to normal life. ( read original story …)
