Carlyle Group Inc.’s new $8.5 billion Asia fund aims to have as little as half the exposure to Greater China as previous funds, driven by investor concern over rising geopolitical risks and regulatory …
FINANCE
China’s first carbon neutrality ETFs raise more than US$1.9 billion as appetite grows for sustainable investing
Four of the eight funds wrapped up sales on Wednesday and brought in around 11 billion yuan, while the other four will wrap up sales on Friday Covering a wider scope than its peers, the…
UBS: Investors love contrast in China
UBS Global Wealth Management said in its mid-year Asia investment outlook that the Chinese market is one of its most preferred stock markets, as the MSCI China Index－covering about 85 percent of the …
China Stock Market May Stop The Bleeding On Thursday
The China stock market has moved lower in consecutive trading days, surrendering more than 50 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the 3,355-point …
China Bank keeps Baa2 credit rating
CHINA Banking Corp. said debt watcher Moody’s Investors Service maintained its investment grade credit rating as a result of the company’s solid capitalization …
General Motors Reports Worst Sales Since Covid Lockdowns in China
General Motors (NYSE: GM) reported its worst quarterly sales in China since the start of the coronavirus pandemic, amid a rise in Covid-19 cases in the country as well as continuous global supply …
America rethinks its strategy for taking on China’s economy
Slowly, though, the shape of Mr Biden’s approach to the Chinese economy is emerging. The coming weeks may determine whether it amounts to a resolute, coherent strategy or a mess of contradictions. The …
Volkswagen planning ‘big moves’ and hiring spree in China
Volkswagen CEO Herbert Diess said the company is planning “big moves” in China. “We will do some major investments in China,” Diess said in an interview posted Tuesday on LinkedIn. “In a few years, we…
Stocks of ASML Holdings suffers as US plans to restrict supply to China
ASML Holdings is one of very few companies in the world that is into the manufacturing lithography systems and other such vital machines …
China’s commercial banks’ profits to rise 8% in Q3
China’s commercial banks are expected to see profits rise 8 percent year on year in the third quarter of 2022, according to a report issued Tuesday by the Bank of China Research Institute. From April…
Foreigners cut China debt, buy equities in June – IIF
Foreign investors continued to cut holdings in Chinese bonds in June but added positions in equities, bucking the trend in other emerging markets (EM), the Institute of International Finance (IIF) …
China In Eurasia Briefing: The Contradictions In Beijing’s Russia Ties
Russia and China’s trade relationship beyond oil, Beijing’s security demands in South Asia, and Chinese investment.
Goldman Sachs and ICBC Joint Venture Is China’s Latest Wealth Management Collaboration
The Goldman Sachs and ICBC collaboration is interesting in part because of Goldman’s vast expertise, but also because ICBC has the widest network of client branches in China.
