Standard Chartered is hiring at least 100 staff in China as the British lender gears up to launch an investment banking unit in the country targeting niche bond deals, the chairman-designate of the …
FINANCE
Agricultural Bank of China ups support for manufacturing sector
BEIJING – The Agricultural Bank of China, one of the country’s largest commercial lenders, has scaled up support for the manufacturing sector. As of the end of March, the bank’s outstanding loans to …
China’s car sales rise 2.1% in April as price war effect fades
China’s passenger vehicle sales rose by 2.1% in April from a month earlier, industry data showed, underscoring a slower pace of growth as the stimulus effect of price cuts and incentives faded.
TIMELINE-China’s steps to control its data and information
A Chinese investigation of consulting firm Capvision Partners over national security concerns is the latest step in a years-long campaign by Beijing to tighten control of data generated within its …
Hong Kong stocks fall 2% as investors digest China’s trade data; Asia markets mixed
Asian markets are mixed as China releases its trade figures, which will provide clues to its economic recovery …
Bank of China’s 22% Stock Surge Prompts Question on Unusual Trading
Bank of China Ltd.’s business operations are normal and it has nothing major to disclose to shareholders, the lender said in a filing late Monday after a surge in its shares.
China to expel Canadian diplomat in Shanghai as reciprocal measure
Flags of Canada and China are placed for the first China-Canada economic and financial strategy dialogue in Beijing, China, November 12, 2018. REUTERS/Jason Lee/Pool BEIJING, May 9 (Reuters) – China’s …
China Debt Restructuring Is at Impasse, World Bank Chief Says
China is at a impasse in terms of restructuring debts owed to it by developing nations in distress even after the World Bank made additional efforts to provide ultra-low interest loans and grants to …
HSBC reaches deal to buy out China fund partner, Reuters reports
HSBC has deployed billions of dollars in China in the last few years as part of an Asia pivot, boosting its market share across banking, insurance and securities businesses in the country’s $57 …
China Opening Revives Wealth Pipeline to Hong Kong Finance Hub
A welcome sign is emerging in Hong Kong after three years of travel restrictions: lines of mainland Chinese tourists outside the city’s bank branches.
China bank stocks soar on easing margin pressure, credit demand recovery
Shares in Chinese banks rose sharply on Monday after more lenders reduced interest rates on deposits, in a move that would boost margins and assist with Beijing’s broader economic goals of increasing …
China Postpones Talks With German Finance Chief at Short Notice
China’s finance ministry postponed a meeting scheduled for Wednesday between German Finance Minister Christian Lindner and his counterpart in the government in Beijing.Most Read from BloombergTexas Ma …
Launch of northbound trading of Swap Connect to further boost China’s financial opening-up, elevate yuan internationalization: expert
The northbound trading link of the Swap Connect between the Chinese mainland and the Hong Kong Special Administrative Region will commence on May 15, with the initial eligible products including …
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