valuations on China-consumer related industries and execution risks on deleveraging (more specifically financial deleveraging). “The bet on blue-chips was getting too concentrated, so a big correction was just a matter of time.” Worries over the…
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China Loses Multi-Billion Dollar COVID Court Case It Didn’t Even Bother Showing Up To
Beijing buzzwords hint at slow-burn consumer fix
China’s Top Universities Expand Enrolment to Beef up Capabilities in AI, Strategic Areas
Philippines says acts in national interest in South China Sea
WRISE Group Charts New Growth Path with Office Launch for WRISE Academy in Shenzhen
China-US trade war heats up as Beijing’s tariffs take effect
Metals Decline on Weak China Data and US Tariff Uncertainty
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Stock market CRASH: ‘Worst day in TWO YEARS’ for China causing PANIC during global rout
Chinese regulator approves zero IPO applications in past week
BEIJING, Feb. 10 (Xinhua) — China’s securities regulator did not approve a single Initial Public Offering (IPO) application in the past week amid tightening scrutiny. Up to 18 companies have got the green light from…
China Bank net profit up 15%
CHINA BANKING Corp. (China Bank) saw its net income grow in 2017 on the back of sustained growth in its core and fee-based businesses. In a disclosure to the local bourse on Friday, China Bank…
China Bank 2017 profit hit P7.4B, up 15%
Sy family-led China Banking Corp. grew its net profit last year by 15 percent to P7.4 billion on the back of sustained growth in core lending and fee-based businesses. This translated to a return on…
China tops global poll for faith in AI technology creating jobs and improving lives
People in China are the world’s most optimistic when it comes to the impact of artificial intelligence on the jobs market and improving their lives, a global survey has found. Some 65 per cent of…
Exclusive: Chinese banks eye bid for Germany’s DVB Bank – sources
LONDON/FRANKFURT (Reuters) – Bank of China (BOC) and Industrial and Commercial Bank of China (ICBC) are among suitors looking at a potential purchase of German transport finance lender DVB Bank, three sources familiar with the…
Chinese banks eye bid for Germany’s DVB Bank: sources
London/Frankfurt: Bank of China (BOC) and Industrial and Commercial Bank of China (ICBC) are among suitors looking at a potential purchase of German transport finance lender DVB Bank, three sources familiar with the matter say.…
China central bank skips open market operations for 12th consecutive working day
China’s central bank suspended open market operations for the 12th consecutive working day Friday to maintain stable liquidity in the banking system. Liquidity in the banking system was at a “relatively high level,” the People’s…
China’s central bank releases nearly 2 trillion yuan in temporary liquidity
China’s central bank said on Friday that it has released temporary liquidity worth almost 2 trillion yuan ($316.28 billion) to satisfy cash demand before the long Lunar New Year holidays. The People’s Bank of China…
Ant Financial plans equity fundraising at potential US$100 billion valuation
China’s Ant Financial Services Group is planning to raise up to US$5 billion in fresh equity that could value the online payments giant at more than US$100 billion, people familiar with the move said. A…
Parametric Portfolio Associates Maintains Position in China Mobile Hong Kong …
Parametric Portfolio Associates Llc increased its stake in China Mobile Hong Kong Ltd Sponsored Adr (CHL) by 8.73% based on its latest 2017Q3 regulatory filing with the SEC. Parametric Portfolio Associates Llc bought 41,511 shares…
Chinese oil drilling firm Cosl looks to technology to help transformation drive
China Oilfield Services Ltd (Cosl), the nation’s dominant offshore drilling services provider and sister firm of oil major CNOOC, aims to shed its image as an equipment-driven business to become more of a “technology-heavy” company,…
China’s Tencent to invest $474 million in Shanda Games
BEIJING/SHANGHAI (Reuters) – China’s Tencent Holdings Ltd will invest 3 billion yuan ($474 million) in smaller peer Shanda Games, the target firm said in a statement to Reuters on Friday, a move that will boost…
