(Bloomberg) — China’s central bank announced the first of a new kind of market operation which aims to encourage financial institutions to issue perpetual bonds to boost their capital. The People’s B… ( read original…
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PBOC Makes First Use of New Tool Aimed at Boosting Bank Capital
Significant boost imminent for financial ties in key region
A new connection mechanism for wealth management product investment across financial markets in Guangdong, Hong Kong and Macao will be launched later, which is the subject of a study being led by the … (…
China Unicom and Valid Join Commercial Forces to Deliver LTE Connectivity Enablement to Global IoT Device
The commercial partnership leverages Valid’s IoT Connectivity Platform paired with China Unicom’s powerful eSIM platform which is awarded “GSMA Asia Best Mobility Breakthrough” in MWC Shanghai 2018 – … ( read original story …)
Wirecard and Tirol Werbung Launch Joint China Pay Initiative
ASCHHEIM, Germany, Feb. 20, 2019 /CNW/ — Wirecard, the global innovation leader for digital financial technology, and Tirol Werbung, the tourism organization of the Austrian state of Tyrol, are launc… ( read original story …)
Property giants including China Vanke, Country Garden splash out US$16 billion on 80 plots of land in Greater Bay Area
Some of China’s biggest property developers spent a combined 110 billion yuan (US$16.25 billion) in just one year snapping up 80 parcels of land in the “Greater Bay Area”, according to figures release… ( read…
Beijing Chunlizhengda Medical Instruments Co., Ltd. (HKG:1858): Time For A Financial Health Check
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Beijing Chunlizhengda Medical Instruments Co., Ltd. (HKG:1858), which has zero-debt … ( read original story…
Why banks are wary of Beijing plea to back private companies
Pity the Chinese state-owned bank trying to obey ever-changing instructions from policymakers in Beijing. For years, banks preferred to lend to giant state-owned enterprises — both because of the impl… ( read original story …)
China to conduct first central bank bills swap to support perpetual bonds
BEIJING, Feb. 19 (Xinhua) — China will soon conduct the first central bank bills swap (CBS) operation to support the issuance of perpetual bonds by commercial banks, a central bank official said Tues… ( read…
Enhancing Africa-China Investments
The Central Bank of Nigeria (CBN) announced the signing of a $2.5 billion currency swap agreement with China in April 2018. The CBN Governor, Mr. Godwin Emefiele, had then explained that the deal was ……
China, Iran delegations meet amid efforts to preserve 2015 nuclear deal
Germany, Britain, France, China, Russia and the European Union have been trying … Germany and Britain to allow businesses to skirt direct financial transactions with Iran, and thereby evade possible … ( read original story…
Amid trade talks, China urges U.S. to respect its right to develop, prosper
State Councillor Wang Yi told the delegation of U.S. business leaders and former officials in Beijing on Tuesday. “Just like the United States, China also has the right to development … ( read original story…
Global sports brands meet backlash in effort to cross pollinate with Chinese entertainment stars
United is keen to bolster its popularity in China by teaming up with influential key opinion leaders. Lu, who has Weibo followers of more than 59 million, came as a natural choice. The ongoing converg……
US soldiers and Marines want to punch holes in ships, and that’s bad news for China
US ground forces are enthusiastically pursuing long-range anti-ship weapons to give the US an edge in a potential fight against China’s growing navy. The Marines want a long-range anti-ship missile “a… ( read original story…
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