China needs to implement plans to improve the balance sheets of “good quality” property developers reeling from a cash crunch in the sector, the head of the country’s securities regulator said on …
FINANCE
China tells banks to step up credit support for economy
China’s banks should step up credit support for the economy, including expanding medium to long-term loans to support infrastructure investment, the central bank and the banking and insurance …
UPDATE 1-China’s central bank drains short-term liquidity for first time in 8 days, bond markets recover
China’s central bank drained short-term liquidity from the banking system for the first time in eight trading days on Monday, as bond markets recovered from a recent sharp sell-off. The People’s Bank …
China Urges Banks to Maintain Stable Property Financing
China’s financial regulators have asked banks to stabilize lending to property developers and construction firms, the latest effort by policymakers to turn around the real-estate crisis and bolster …
China’s financial hub Shanghai plans to boost 5G coverage
China’s financial hub Shanghai is expected to have over 77,000 5G base stations by the end of 2023 as part of the city’s efforts to boost 5G coverage, local authorities said. More than 4,000 …
WRAPUP 2-Several Beijing districts shut schools as China COVID cases rise
Students in schools across several Beijing districts buckled down for online classes on Monday after officials called for residents in some of its hardest-hit areas to stay home, as COVID cases in …
Indian markets open in the red tracking Covid-19 concerns in China – Tata Steel, Tata Motors, Zomato and others in focus
Indian markets made a negative opening for the week tracking fresh outbreaks of Covid-19 in China, and the outcome of Fed outlook later this week. While the 30-stock Sensex opened 207 points down at …
China Withdraws Cash From Banking System as Bond Selloff Cools
China withdrew short-term cash from the financial system for the first time in nearly two weeks, as a selloff in government and corporate bonds eased. The People’s Bank of China net drained 2 billion …
China central bank drains short-term liquidity for first time in 8 days, bond markets recover
China’s central bank drained short-term liquidity from the banking system for the first time in eight days on Monday, as bond markets recovered from a recent sharp selloff. The People’s Bank of China …
ESR’s ARA announces milestone partnership with the Export-Import Bank of China for US$1 billion infrastructure fund
Asia-Pacific (“APAC”)’s largest real asset manager powered by the New Economy, today announced its wholly-owned subsidiary, ARA, has entered into a milestone partnership with the Export–Import Bank of …
China releases rules for management of foreign institutional investor funds in bond market
BEIJING – China’s financial authorities have released regulations to optimize fund management requirements for foreign institutional investors in the country’s bond market. The regulations, effective …
‘Joint investment offer made by Pakistan to Beijing and Riyadh’: Ahsan Iqbal
JEDDAH: Minister of Planning, Development and Special initiatives Ahsan Iqbal on Sunday said that Pakistan has made a joint investment offer to China and Saudi Arabia based …
Is Yum China Holdings, Inc.’s (NYSE:YUMC) Stock’s Recent Performance Being Led By Its Attractive Financial Prospects?
Yum China Holdings (NYSE:YUMC) has had a great run on the share market with its stock up by a significant 17% over …