Beijing North Star has a market capitalization … do not miss this free list of interesting companies, backed by strong financial data. NB: Figures in this article are calculated using data … ( read original…
FINANCE
Chinese fintech firms cosy up to banks as collaborators instead of disrupters they shift towards retail banking
Tighter regulations such as the 2018 asset management rule governing banks’ wealth businesses have squeezed banks’ income source, pushing them to tap the retail banking business for revenue. Early … ( read original story …)
China April exports unexpectedly fall but imports rebound as trade talks loom
China had a trade surplus of $13.84 billion in April … The swift deterioration in negotiations between the world’s two largest economies has jolted global financial markets. The Dow Jones Industrial … ( read original…
Markets got ‘way ahead of themselves’ on China trade talks
Khiem Do, head of greater China investments at global investments firm Barings, says there was “too much optimism” around the talks. “We have always had some reservations,” Do told Yahoo Finance’s … ( read original…
China’s overnight repo rate falls to four-month low on ample liquidity
The People’s Bank of China injected 10 billion yuan $1.48 billion)through seven-day reverse repos on Wednesday, bringing the net injection so far this week to 50 billion yuan. ( read original story …)
China Defaults Hit Record in 2018. 2019 Pace Is Triple That
China continues to press banks to extend credit to the private sector, and small and medium-sized companies especially. The latest move came Monday, when the central bank loosened some … ( read original story …)
Value Investing Is Back in China, Thanks to Donald Trump
Value investing is back in China, and stock pickers have Donald Trump to thank. Renewed trade threats from the U.S. president have jolted Chinese investors awake after a wild three-month party driven … ( read…
China’s overnight repo rate falls to 4-month low on ample liquidity
The People’s Bank of China injected 10 billion yuan $1.48 billion)through seven-day reverse repos on Wednesday, bringing the net injection so far this week to 50 billion yuan. ($1 = 6.7711 Chinese … ( read…
China’s financial opening-up moves ahead
Tianjin’s action to open the banking sector happened almost at the same time as the China Banking and Insurance Regulatory Commission (CBIRC) prepared to launch new measures to further open up the … ( read…
Andrew Scheer’s ‘vision’ is Classic Conservative, with an anti-China twist
Forget China, and look for new trade elsewhere … a $250-million Canadian contribution to the Chinese-backed Asian Infrastructure Investment Bank, but the impact would be symbolic. Launching a World … ( read original story …)
Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Yunji Inc.
The company is headquartered in Hangzhou, China.* “Deutsche Bank continues to expand its Depositary Receipts business in the Asia-Pacific region by acting as depositary bank for Yunji’s ADR … ( read original story …)
Worsening US-China trade tensions rattle financial markets
The Dow Jones Industrial Average tumbled more than 470 points Tuesday amid a broad sell-off on Wall Street as the U.S. and China moved closer to an escalation of their already costly trade war. The…
China’s economy: Sure, it’s big, but it’s still emerging
China’s GDP per capita is US$8,827 compared with US$59,532 in the United States, according to the World Bank’s 2017 figures. And while China’s economy slumped late last year – exacerbated by trade … ( read…
ADVERTISEMENT
