At the end of a long speech about cultivating an honest and effective wealth management industry in China’s political and financial capital, Beijing, Huo Xuewen, nixed the idea ICOs (initial coin offe… ( read original…
FINANCE
Trump is losing leverage with China
China, for its part, will reportedly roll back retaliatory tariffs on cars imported from the United States, and start buying American farm products it has essentially blackballed. These minor concessi… ( read original story …)
Beijing ups influence over global financial markets
The Financial Times – 16:46 PM GMT November 27, 2018 Global Financial Services Bullish On AI, The ‘Disruptive Tech’ Frontrunner Forbes.com – 21:04 PM GMT November 28, 2018 Financial Stability Board Re… ( read original…
China’s banking association to boost consortium loans
[Photo/IC] BEIJING – The aggregate consortium loans … according to data from the China Banking Association (CBA), a non-profit industry organization. Pan Guangwei, vice-president of CBA, said … ( read original story …)
China delivering on financial sector opening
China will accelerate the further opening-up of its financial markets to foreign institutions, trying to phase in a fair and transparent financial market environment with more vitality, industry analy… ( read original story …)
China central bank lends 403.50 bln yuan via medium-term facility in Nov
BEIJING , Dec 3 (Reuters) – China’s central bank lent 403.50 bln yuan ($58.57 bln) to financial institutions via its medium-term lending facility (MLF) in November, it said on Monday. Outstanding MLF … ( read…
China central bank lends 15.30 bln yuan via standing lending facility in Nov
BEIJING , Dec 3 (Reuters) – China’s central bank extended 15.30 bln yuan ($2.22 bln) of loans to local financial institutions in November via its standing lending facility (SLF), it said on Monday. Th… (…
China’s central bank skips open market operations for 27 trading days
BEIJING, Dec. 3 (Xinhua) — The People’s Bank of China suspended open market operations on Monday, citing abundant liquidity in the banking system. It is the 27th consecutive working day for the centr… ( read…
China allows domestic banks’ wealth management units to buy shares
BEIJING, Dec 3 (Reuters) – China’s banking regulator has allowed wealth management subsidiaries of domestic commercial banks to directly invest in Chinese shares, in a move aimed at bolstering market … ( read original story…
China’s central bank backpedals on policy to cut debts
BEIJING — China’s central bank has started backtracking on efforts to pare down swollen company and local-government debt, admitting that its strategy has caused a credit crunch. Yi Gang … ( read original story …)
China Embraces Financial Opening Away From Xi-Trump Glare
(Bloomberg) — China announced a number of steps over the weekend that take the country closer to the promised opening of its financial markets, away from the glare of the high-stakes meeting where Pr… (…
Institutional Capital Advisory Attended the IR Magazine Awards & Conference Greater China 2018, Presenting the Best Financial Reporting Award
HONG KONG, Dec. 3, 2018 /PRNewswire/ — Institutional Capital Advisory (Asia) Limited (“ICA”), a leading Asia-based, independent capital markets advisory firm, attended the “IR Magazine Awards … ( read original story …)
Trump Says China Has Agreed to Reduce, Remove Tariffs on Cars
(Bloomberg) — U.S. President Donald Trump said China has agreed to “reduce and remove” tariffs on American cars from 40 percent currently. He gave no other details in the late-night tweet, which came … (…
