China’s banking regulator has instructed banks to control credit growth to the country’s booming real estate sector, intensifying caution against an over-heated market. Banks should ward off concentration risk in property sector, while stemming illegal…
FINANCE
IPO delay lifts spotlight off China's shadow banks
This is a pity. The initial public offering would have helped investors and regulators decipher the high-yielding trust products at the core of China’s intricate shadow-banking industry. Graphic: On the rise: reut.rs/2oZAEpU In October, the…
China won't let its construction crews work in West Bank
BEIJING – China is not allowing Chinese construction crews to work in the West Bank because it opposes Israeli settlements in what it considers occupied Palestinian territory. Israel officials said Sunday they had signed a…
China banking sector's total assets up 14.1 pct y/y at end-Mar – regulator
BEIJING, April 25 The value of assets held by China’s banking sector rose 14.1 percent to 231.9 trillion yuan ($33.68 trillion) as of end-March compared with a year earlier, the China Banking Regulatory Commission (CBRC)…
China’s NPL problem has ‘stabilised’ – PBoC’s Yi
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China Markets Reel as $1.7 Trillion in Shadow Funds Unwinds
Read more: QuickTake Q&A on wealth-management products The China Banking Regulatory Commission has asked lenders to report the scale of their entrusted investments, including products issued by mutual funds, trusts, futures firms and brokerages. (…
China's new illegal fundraising topped $36 billion last year
The cases severely destroyed the order of financial markets, Yang Yuzhu, director of the joint-meeting for anti-illegal fundraising was quoted as saying, threatening China’s financial and social stability. Authorities are now weighing a ban on…
Sina Chief Steers China's Twitter Deeper Into Internet Finance
The company’s also had to grapple with growing censorship as Beijing grew wary of the influence of online content. Chao, nicknamed “the Accountant” because of his stint at PwC, was known more for his financial…
China Stocks Sink Most in Four Months Amid Leverage Crackdown
The most important market news of the day. China’s authorities are taking advantage of a strengthening economy to reduce financial-system risk by tightening the screws on leverage. The banking regulator said late Friday it will…
China's NPL Ratio Declines in 4Q, First Time Since 2012
Apr.24 — Citigroup Chief China Economist Liu Li-Gang discusses China’s non-performing loans and talks about his outlook for the economy. Bloomberg’s Robin Ganguly also speaks on “Bloomberg Daybreak: Asia.” ( read original story …)
China's Ant Financial hunts Japan partner amid Asia expansion
BEIJING, April 24 China’s Ant Financial said on Monday it wants to increase operations in Japan by partnering with at least one payment firm, amid a rapid Asia expansion and a $1.2 billion bid for…
China Zhongwang : Financial Statements/ESG Information – 2016 Annual Report
04/07 CHINA ZHONGWANG: Liaoning Zhongwang Group Receives its First Recognition as the.. 04/06 CHINA ZHONGWANG: Liaoning Zhongwang Recognizes as 2016 High and New Technology .. 04/05 CHINA ZHONGWANG: Monthly Returns- Monthly Return of Equity Issuer…
World Bank Group, China-led AIIB agree to deepen cooperation
WASHINGTON The World Bank Group and the China-led Asian Infrastructure Investment Bank said on Sunday they agreed to deepen their cooperation with a framework for knowledge sharing, staff exchanges, analytical work, development financing and country-level…