China has allowed 200 employees from South Korea’s Samsung Electronics Co Ltd to enter the country to work on an expansion of the firm’s NAND memory chip factory, the company said on Wednesday. The mo…
FINANCE
How Good Is China Foods Limited (HKG:506) At Creating Shareholder Value?
Today we are going to look at China Foods Limited (HKG:506) to see whether it might be an attractive investment prospect. Specifically, we’re going to calculate its Return On Capital Employed (ROCE), … ( read…
People’s Bank of China kicks off digital currency trials
A spokesperson for China’s central bank confirmed to ZDNet on Wednesday that internal trials for digital currency are now underway in Shenzhen, Suzhou, Chengdu, and Xiong’an. The spokesperson did not … ( read original story…
Is Beijing Enterprises Water Group Limited’s (HKG:371) CEO Paid Enough Relative To Peers?
Min Zhou has been the CEO of Beijing Enterprises Water Group Limited (HKG:371) since 2016. First, this article … ( read original story …)
China regulator detects sale of banking, insurance customer data by criminals
China’s banking and insurance regulator said on Wednesday it had detected sales of banking and insurance sector customer data overseas by criminals, without specifying how many individuals had been … ( read original story …)
China’s NPL Ratio to Rise Further in Second-Quarter but Not at a Fast Pace: Banking Regulator
China’s banking and insurance regulator said on Wednesday that the sector’s bad loan ratio is 2.04%, and estimated it will continue to rise in the second quarter but not at a fast pace. ( read…
Tokyo Mulls New Measures; China Bank Loans Go Bad: Virus Update
Tokyo’s governor said the world’s largest city is looking at new measures to encourage social distancing as the risk of a breakout in the coronavirus remains. China’s lenders reported a rise in bad … (…
China’s NPL ratio to rise further in Q2 but not at a fast pace – banking regulator
China’s banking and insurance regulator said on Wednesday that the sector’s bad loan ratio is 2.04%, and estimated it will continue to rise in the second quarter but not at a fast pace. BEIJING, April…
China Called Out in U.S. Warning Over Emerging Market Investing
When it comes to companies exposed to emerging markets — most notably China — investors should beware the lack of visibility into their books, U.S. Securities and Exchange Commission Chairman Jay … ( read original…
Why China is the biggest winner in oil price war
Emily McCormick joins Seana Smith to break down why China will benefit from U.S. oil prices dropping below zero. ( read original story …)
China ‘the biggest winner’ of coronavirus-inspired oil plunge
A clear winner has emerged from the historic rout in global oil markets: China, which is reaping an unlikely reward from a crisis it helped foment. ( read original story …)
Just a Test: China Central Bank Confirms Digital Yuan Mobile App Trials
China’s central bank confirmed it will be testing a mobile app for the digital yuan in four cities, with a fifth in the works, and emphasized it’s a test. ( read original story …)
Profits of China’s state-owned firms fall 59.7% year-on-year in first quarter: finance ministry
Profits of China’s state-owned firms plunged 59.7% in the first three months of 2020 from a year earlier to 329.16 billion yuan ($46.46 billion), the Finance Ministry said on Tuesday, as the … ( read…
