China will effectively double the cost for its clubs to buy foreign soccer players in a move aimed at slowing the influx of overseas stars and encouraging homegrown talent. China’s Football Association announced Thursday that…
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Live updates: China responds to Trump with tariffs on U.S. goods; Congress races toward shutdown deadline
Live updates: China responds to Trump with tariffs on U.S. goods; Congress barrels toward shutdown deadline
Live updates: China responds to Trump with tariffs on U.S. goods; Congress races against shutdown deadline
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China to levy 100 percent tax on overseas soccer transfers
Calgary real estate firm advertises in China but can’t sell a home
A real estate agent hoped Vancouver’s foreign buyers tax would help her sell some languishing Calgary homes. Emma May told the Calgary Eyeopener that despite her best efforts to attract Chinese buyers over the past…
China’s private wealth surges to 165 trillion yuan
according to new research from China Merchants Bank and Bain and Co. The report forecasts the market will grow 14 per cent this year to 188 trillion yuan. Not surprisingly, with such a prize on…
CICC, Goldman to lead China Tower Hong Kong IPO worth up to $10 billion: sources
HONG KONG China Tower Corp has picked China International Capital Corp Ltd (CICC) (3908.HK) and Goldman Sachs (GS.N) to lead a planned Hong Kong initial public offering worth up to $10 billion, people with direct…
Exclusive: China Unicom counts Alibaba, Tencent among investors in drive to raise $10 billion – sources
FILE PHOTO: Two men chat beside a logo of Alibaba (China) Technology Co. Ltd at its headquarters on the outskirts of Hangzhou Thomson Reuters By Julie Zhu and Kane Wu HONG KONG (Reuters) – Chinese…
EXCLUSIVE-China Unicom counts Alibaba, Tencent among investors in drive to raise $10 bln -sources
* China Unicom to raise $7.3 bln from new share issue -sources * Share sale plan to be finalised this summer -sources * Unicom among first SOEs targeted in shift to mixed ownership By Julie…
China Unicom counts Alibaba, Tencent among investors in drive to raise US$10b: Sources
Chinese tech giants Alibaba Group Holdings and Tencent Holdings will be among new investors pouring a total of around US$10 billion into mobile carrier China Unicom, sources said, part of efforts by Beijing to rejuvenate…
China’s Big Three sign up 102M 4G subs from Jan-May 2017
China’s three largest operators – China Mobile, China Unicom and China Telecom – registered a further 24.3 million 4G subscribers in May 2017. This brings their collective additions to 102 million for the first five…
ASIA CREDIT CLOSE: China property credits widen on negative rumours
SINGAPORE, June 22 (IFR) – Chinese high-yield property bonds gapped out 5bp-10bp despite a strong pushback from Dalian Wanda Group against rumours that Chinese banks had ordered the sale of its bonds. Wanda said the…
China Finance Online Co. Limite (JRJC) Hits a 52-Week High
In the market the company is trading down since yesterday’s close of $1.71. Shares are trading at $1.70 which is just a bit below $2.09, the 50 day moving average and just a bit lower…
Vanke Founder Wang Shi, Chinese Property Developer, Steps Down
BEIJING — The chairman and founder of China’s largest property developer said on Wednesday that he would step down, ending a career that mirrored the country’s giddy embrace of privately owned real estate but stumbled…
China’s opening up helped it dodge financial crisis – banking chief
China’s increasingly market-oriented and healthy financial institutions will help it ward off financial crisis, the governor of the country’s central bank said on Tuesday, as he addressed the opening of the annual Lujiazui Forum in…
Opening benefits financial sector
Zhou Xiaochuan, governor of the People’s Bank of China, China’s central bank, said further opening up helps to build a strong and competitive financial sector in China. Zhou said this in a speech on Tuesday…
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