SHANGHAI (Reuters) – China’s central bank said on Monday it has suspended some traders at Ping An Bank and China Merchants Bank for a year for involvement in “abnormal” trades. The People’s Bank of ……
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China central bank suspends some traders at Ping An Bank and China Merchants Bank
Wall Street Banks Struggle to Hire Local Talent in China
“There’s a big question mark over the sustainability of their China investment.” The hiring challenges extend beyond investment banking. Jason Tan, director at recruitment agency Kelly … ( read original story …)
Fed easing could prompt first China rate cut in four years – analysts
SHANGHAI (Reuters) – China’s central bank could cut its benchmark policy rate for the first time in four years if the U.S. Federal Reserve delivers a widely expected cut in late July … ( read…
China’s Financial Plumbing Is Getting Leakier
Markets are a psychological phenomenon—a set of beliefs about how the world works and what things are worth. When assumptions are challenged, the results can be stomach-churning. Unnoticed by most of … ( read original…
Big China Brokerage Banned From Investing Its Own Money in IPOs
One of China’s biggest brokerages is barred from investing its own money in initial public offerings, after the firm’s staff failed to meet a deadline to place orders on a new trading venue for ……
China refiners curb fuel output after massive new plants stoke glut
SINGAPORE/BEIJING (Reuters) – China’s fuel producers are making extended curbs to their output in the third quarter after supply from mammoth new refineries stoked an already-sizeable glut … ( read original story …)
Week In Review: Jibeier Pharma Files To Raise $100 Million In IPO On New Shanghai STAR Board
Hutchison China MediTech reported its parent company … reported that its filing to IPO on the new Science and Technology Innovation Board (STAR) has been accepted for review by the Shanghai … ( read original…
U.S. Fed easing could prompt first China rate cut in 4 years – analysts
SHANGHAI, July 8 (Reuters) – China’s central bank could cut its benchmark policy rate for the first time in four years if the U.S. Federal Reserve delivers a widely expected cut in late July, analysts…
Canada needs to put financial pressure on China’s leadership
I feel sorry for any country whose old fool leader plans to stick around forever, whether that country be China, Russia, Iran, North Korea or the United States. I see no problem marketing Canadian ……
China’s June forex reserves rise more than expected amid trade truce
Early readings on June have been weaker than expected, with factory activity contracting and growth in the service sector softening, business surveys showed, highlighting the need for more stimulus to … ( read original story…
China’s Venture Capital Boom Shows Signs of Turning Into a Bust
“China entrepreneurs, more than any on the planet, will do unnatural things to avoid a down round,” Rieschel said. Story continues Meanwhile, venture firms are pivoting to alternative business models, … ( read original story…
Interested In Beijing Beida Jade Bird Universal Sci-Tech Company Limited (HKG:8095)? Here’s How It Performed Recently
Though Beijing Beida Jade Bird Universal Sci … and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. … ( read original story…
China’s June FX reserves rise more than expected amid trade truce
SHANGHAI — China’s foreign exchange reserves rose more than expected in June, as growing hopes for a trade war truce with the United States helped ease downward pressure on the yuan currency. … ( read…