Securities regulator identifies some industries as off-limits to equity financing on Shanghai and Shenzhen exchanges …
FINANCE
China Dec new bank loans rise to $206b, ’22 lending at record high
New bank lending in China unexpectedly rose in December from the previous month, central bank data showed on Tuesday, with 2022 setting a record high for lending as the central bank …
Large-cap firms in China’s internet sector could see 20% to 30% growth in earnings, says UBS
Jerry Liu of the financial services firm says it’s “pretty positive” on China’s internet sector. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC…
China Dec new bank loans beat forecast, 2022 lending at record high
New bank lending in China unexpectedly rose in December from the previous month, central bank data showed on Tuesday, with 2022 setting a record high for lending as the central bank continued to …
Economists see a silver lining to China’s COVID chaos: better-than-expected 2023 economic growth
Banks are raising their forecasts for China’s 2023 GDP growth, even as the country endures a massive COVID wave.
Dalio’s Bridgewater cements rank in 2022 as top foreign hedge fund in China
Bridgewater has doubled its fund assets in China to more than 20 billion yuan ($2.93 billion) over the past year, according to two sources and government data, a feat that cements its position as the…
Six fallacies and truths about China’s epidemic control
An employee works at an automobile company in Yuyao, East China’s Zhejiang province, Jan 5, 2023. [Photo/Xinhua] Businesses remain optimistic about the Chinese market. Axel Weber, …
China debt: distressed state-owned financing vehicles eye long-term restructuring, even as ‘default is the easiest choice’
Mounting debt at local levels across China back in the spotlight after 20-year rollover raises concerns about how far banking sector has to go in handling the blow from cash-strapped firms that cannot …
Here’s What Investing Experts Are Watching in 2023, From Inflation to China’s Economic Reopening
And it comes after a wild ride for those watching the markets. After starting 2022 near an all-time high, the S&P 500 ended the year down 19.4% — the stock market’s worst annual performance since…
Fed and ECB rate hikes, ‘borderline reckless’ China COVID policy will drag economy lower, Bank of America strategist says
Bank of America equity strategist says weakening growth in European Area and the U.S., plus China infections, will drag down the global cycle to a trough …
Tesla owners in China protest surprise price cuts, demand refunds
Videos posted on social media showed crowds at Tesla stores and delivery centers in other Chinese cities from Chengdu to Shenzhen, suggesting wider consumer backlash.
‘Not taken seriously’: woman in China breaks up with boyfriend after his family served her simple meals at first meeting
A woman in China was so enraged by the food her boyfriend’s parents served at their first meeting that she ended the relationship and stormed out of their home before the end of their visit.
SK Bioscience chief says unlikely China will source vaccines from it, Financial Times reports
SK Bioscience Co Ltd chief executive Jaeyong Ahn said in a Financial Times interview that it is unlikely that the vaccine maker can supply COVID-19 vaccines to China amid its recent outbreak due to …