Fitch Ratings has affirmed Hong Kong-based China Everbright Limited’s (CEL) Long-Term Issuer Default Rating (IDR) at ‘BBB’ and Short-Term IDR at ‘F2’. The Outlook is Stable. CEL is an asset management …
Featured Posts Title
Belgium’s arrest of Chinese alleged chip-tech thief fuels European fear of Beijing
Beijing expands funding tools to support food security, rural modernization
Speech in China is in the deep freeze
China says it will pump $54 billion into banks and insurers — but their stocks still fell
Asia-Pacific Media Forum opens in Shenzhen, building a bridge of understanding and coexistence through media
Rare Beijing spy series highlights real-life intelligence drama with Taiwan
Ahead of Xi’s US visit, China’s soybean crushers face high costs, weak margins
Recent Posts
Fitch Affirms China Everbright Limited at ‘BBB’; Outlook Stable
5 things to know for July 28: Coronavirus, Capitol riot, China, Brexit, Olympics
Wildfires in the US have burned almost 3 million acres so far this year. That’s more than the size of Delaware and Rhode Island combined.Here’s what you need to know to Get Up to Speed…
China starts blocking paid after-school tutoring by public-school teachers
China’s Ministry of Education said on Wednesday that it had begun implementing a campaign to stop paid after-school tutoring services provided by teachers working for public primary and middle schools …
China urges insurers to increase offerings for natural disaster coverage
China’s banking and insurance regulator said on Thursday that it will guide insurers to increase investment in natural disaster insurance and enrich product offerings. It also plans to raise public …
Chinese stocks have long been the darlings of Wall Street. But they’re built on a financial house of cards.
Chinese companies listed on US markets are using two loopholes — one in Beijing and one in Washington — to evade oversight both at home and abroad.
Is China going to fry the global climate?
As Matthew Klein and Michael Pettis write in their book Trade Wars Are Class Wars, the Chinese economy is heavily based on exports in part because it is hideously unequal, and therefore its workers do…
IOC sponsors facing heat over Beijing Olympics, human rights
Faced with criticism over human rights issues tied to next year’s Beijing Winter Olympics, the IOC said Wednesday that its only responsibility was to “deliver the Games.” International Olympic …
Beijing calls for calm after historic tech stock rout
Chinese state media is urging investors to stay calm following a brutal stock market sell-off this week that has wiped out hundreds of billions of dollars in value.
US legislators press companies to drop support for Beijing Olympics
Members of a congressional panel urged US corporations including Coca-Cola and Visa to pull their sponsorship of the 2022 Winter Olympics unless the games are moved out of Beijing.
China’s Regulatory Crackdown a Drag on HK’s IPO Pipeline – Bankers
Hong Kong’s buzzing IPO pipeline is likely to taper off in the second half of 2021, as Chinese firms temper their expectations for valuations amid a drastic regulatory crackdown in the mainland, …
Jiayi pulls HK IPO over China’s new education policy
Mainland-based Jiayi Education Holdings, an after-school tutoring company, has dropped its Hong Kong listing plan following news of a radical change to China’s education sector.
China pledges support for small business, but some SMEs see ‘doom and gloom’ amid regulatory crackdown
Chinese Vice-Premier Liu He has promised to ‘keep the temperature right’ for small businesses, but Beijing’s recent crackdown on off-campus tutoring has some entrepreneurs worried.
China to increase investment, product offerings in natural disasters insurance – statement
China’s banking and insurance regulator said on Thursday that it will guide insurers to increase investment in natural disaster insurance and enrich product offerings. It also plans to raise public …