Gift 5 articles to anyone you choose each month when you subscribe. From its peak in early February 2021, China’s sharemarket went through a grinding three-year decline of 40 per cent, while over the …
FINANCE
China’s central bank head dissuades real estate woes as Vanke teeters towards default
Pan Gongsheng, governor of the People’s Bank of China, has attempted to dispel concerns over the country’s laggard property market in closed-door talks with executives and financiers.
China’s economy remains resilient with powerful underlying strengths and long term opportunities, say Hong Kong officials, UBS’s Ermotti
Global investors should focus on long-term opportunities in China and take advantage of Hong Kong’s role as a ‘superconnector,’ according to officials and executives from UBS and Primavera Capital.
Green finance regulation in China
Wei Quan, Yipu Li, and Xun Li of Han Kun Law Offices report that China has made great strides in developing its green finance markets as the country strives for alignment with international standards …
Chinese premier meets with World Bank president, calling for closer partnership
Chinese Premier Li Qiang met with World Bank President Ajay Banga on Monday in Beijing, calling for a closer partnership.
Rural Men in China Claim Financial Strain Over Dowries, Social Media Response Divided
A news report detailed a rural bachelor in China unable to afford a $70,000 dowry, drawing widespread criticism. The exorbitant dowry far exceeds the annual earnings of an average rural worker. Social …
Mumbai overtakes Beijing as Asia’s billionaire capital for the very first time
In a historic first, Mumbai has dethroned Beijing as Asia’s billionaire capital, with a staggering 92 billionaires compared to Beijing’s dwindling 51 …
China Merchants Bank Gains on Dividend Surprise
China Merchants Bank’s shares rose after the lender surprised with a boost in its dividend ratio while annual earnings came in largely as expected.
StanChart CEO Winters meets China FX regulator, launches investment banking unit
Standard Chartered CEO Bill Winters met with the head of China’s foreign exchange regulator on Monday, a month after the bank suspended new investments by its clients in the country into offshore …
China Seen Delivering More RRR Cuts This Year to Boost Economy
China is expected to release more cash into the banking system this year in a bid to boost stimulus and reach an ambitious growth target of around 5% — a figure analysts still see as…
China Merchants Bank 2023 Net CNY146.6M Vs. Net CNY138.0M >3968.HK 600036.SH
By Jiahui Huang China Merchants Bank reported lower net operating income in 2023, marking the first drop since 2009 as non-interest income declined …
China pushes banks to speed up approvals of loans to developers
Chinese regulators are pushing banks to speed up approvals of new loans to cash-starved private property developers, people with knowledge of the matter said, a bid to revive …
China’s attempts to revive its economy could cause a ‘sugar high’ that pushes US inflation higher, new research says
China is encouraging investments in its manufacturing sector. And if they pay off, it would put “meaningful upward pressure” on US inflation.
