Mobile banking has received an enthusiastic take-up in China’s retail market but hasn’t yet gained the same traction for corporate and business transactions, according to the 2018 Treasury Review … ( read original story …)
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Nvidia still hasn’t sold its U.S.-approved China AI chips — and it’s worried local AI rivals could take over
How Beijing helped free 3 Chinese scientists jailed in US ‘worm’ smuggling case
German leader hails China ties as he seeks reset with Beijing
How Xi’s military purges could hamper China’s ability to fight
Germany’s Merz to visit Forbidden City in Beijing
Germany’s Merz hails China ties as he seeks reset with Beijing
CNBC’s The China Connection newsletter: What’s at stake in the countdown to the Trump-Xi meeting
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China’s SME treasurers ‘slow to embrace technological change’
China Merchants Bank : 2018 Net Profit CNY80.56 Billion; Up 15%
BEIJING–China Merchants Bank Co. said full-year net profit rose 15% from a year earlier to 80.56 billion yuan ($12 billion), thanks to higher interest and fee income. The Shenzhen-based lender said … ( read original…
US, Europe eye closely as China, Italy deepen ties
But the centerpiece of the state visit will be Saturday’s signing of a memorandum of understanding to make Italy the first major democracy to join China’s “Belt and Road” initiative, a huge … ( read…
Italian Move to Join China’s Belt and Road Coup for Beijing
BEIJING — Despite criticisms, Beijing has been steadily gathering support for its “Belt and Road” initiative, which aims to weave a network of ports, bridges and power plants linking China with Africa … ( read…
Philippines is determined to avoid infrastructure debt traps, finance minister Carlos Dominguez tells China
Finance Secretary Carlos Dominguez made the comments in Beijing on Wednesday after meeting Chinese officials to discuss President Rodrigo Duterte’s “Build, Build, Build” infrastructure programme aimed … ( read original story …)
Beijing to finance tax cuts
Hang Seng Index surged 1.37 percent to 29,409 points yesterday and hit a nine-month high and A shares also soared. CSI 300 and SSE Composite Index also increased 2.85 percent to 3,851 points and 2.47…
Pakistan to receive loan worth $2.1bn from China by Monday: finance ministry
At the time, it was the first official confirmation by a Chinese official that Beijing had planned to extend a financial package to Islamabad. The terms of the package, however, had remained elusive … (…
Daimler taps Goldman to raise China BAIC shareholdingsources
HONG KONG (Reuters) – Daimler has asked Goldman Sachs to help it explore increasing its stake in Chinese carmaker BAIC Motor Corp, its main China joint venture partner, two people with knowledge of … (…
China’s Breakneck Stock Rally Is About to Slow, Say Analysts
Non-bank financial and telecom stocks in China and Hong Kong markets liked by most survey participants in 2QDefensive sectors such as consumer stocks may underperform in 2Q on the mainland, while … ( read original…
Top venture capitalists and bankers land key role in deciding China’s tech board IPOs
Some of China’s best-known venture capitalists and bankers could play a key advisory role in picking companies on the upcoming Nasdaq-style technology board in Shanghai. The Shanghai Stock Exchange … ( read original story …)
Wilmar’s China unit set for $12-13b market cap upon Shanghai IPO: analyst
It is backed by its ARAWANA brand for cooking oil, pack rice, flour, and pack dry noodles. Wilmar China’s listing on the Shanghai Stock Exchange is expected in the fourth quarter of 2019 and could…
China market round up: Shanghai tech board opens for IPO applications, local government debt reaches new heights, fiscal deficit widens
The new Shanghai Tech Board has started to accept IPO applications, according to state media Xinhua. Shanghai Stock Exchange has set up a dedicated webpage for the Tech Board. Information on those … ( read…
Chinese social e-commerce platform Yunji files for U.S. IPO
Founded in 2015, the Hangzhou, China-based company generates revenues primarily from … The Chinese e-commerce platform said it intended to use the proceeds of its IPO mainly in four aspects, … ( read original story…
