* PROFIT FOR YEAR HK$152.8 MILLION VERSUS HK$ 101.1 MILLION Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story …)
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Xi hosts slew of world leaders in Beijing as Trump fights with allies
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RED THREAD: Beijing swipes right on Sánchez
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Analysis – China steps up Iran diplomacy while seeking smooth summit with Trump
US intelligence detects signs China is weighing giving Iran advance radar systems
Report details rising pressure on underground Catholics as China denies crackdown
Recent Posts
BRIEF-China Industrial Securities International Financial Group Posts FY Profit Of HK$152.8 Mln
China to approve Foxconn Industrial IPO in Shanghai
SHANGHAI/BEIJING — China’s securities regulator is poised to allow the core subsidiary of Taiwan’s Hon Hai Precision Industry to list in Shanghai, and the watchdog’s quick decision-making has stirred speculation about political motives. The China…
India-China bilateral trade hits historic high of $84.44 billion in 2017
BEIJING: The India-China bilateral trade reached $84.44 billion last year, an historic high notwithstanding bilateral tensions over a host of issues including the Doklam standoff. A rare novelty of the bilateral trade otherwise dominated by…
‘Significant’ consequences if China takes key port in Djibouti: U.S. general
“We hope that the U.S. side can objectively and fairly view China’s development and China-Africa cooperation,” he told a daily news briefing. China has sought to be visible in Africa, including through high-profile investment in…
China bank regulator softens loan-loss provision rules
China’s banking regulator has softened rules requiring lenders to set aside provisions against losses on bad loans, to encourage banks to provide more trustworthy assessments of their health. The move suggests that even as regulators…
Repercussions of Foxconn’s IPO application to A-share market
Is it make or break for the Initial Public Offering (IPO) application by Foxconn Industrial Internet in China’s A-share market? The answer will be known on March 8. If the greenlight is given, it will…
China says financial risks ‘under control’
China’s finance minister has said Beijing is fully confident of its capacity to avoid systemic debt risks. The remark came as international organizations including the IMF kept warning of the country’s ballooning debt. On the…
China reassures that fiscal policy still expansionary despite deficit cut
“I’m clearly telling everyone that the pro-active fiscal policy’s orientation has not changed, although this year’s fiscal deficit ratio declined from the previous year,” Xiao said at a news briefing during China’s annual parliament meetin…
China Executive Blasts Trump’s Latest Tariff Threat: NPC Update
two people familiar with the matter told Bloomberg News. The proposed “CPC leadership system” — approved by the party on Feb. 28 — calls for merging more than a dozen state agencies, are due to…
China Unicom launches eSIM, allowing full use of both phones and wearables
China Unicom announced that it has officially launched the “eSIM One Phone Number Dual Terminal (eSIM一号双终端)” (in Chinese) business in six Chinese cities including Shanghai, Tianjin, Guangzhou, Shenzhen, Zhengzhou and Changsha. “eSIM One … (…
Finance minister says China can handle government debt risks
By strictly enforcing debt and budget rules, “we are fully able to ensure there is no systemic risk,” said Xiao at a news conference held during the annual meeting of China’s ceremonial legislature. The Moody’s…
China finance minister says ‘fully confident’ in fending off systemic debt risks
BEIJING (Reuters) – China is fully confident of its ability to fend off systemic debt risks, while it continues to strengthen control over local government debt, Finance Minister Xiao Jie said on Wednesday. China will…
How ‘leftover’ women in China are changing its culture
Roseann Lake, author of ‘Leftover in China’, discusses how women who aren’t married by 25 are reshaping China’s traditional culture. Following is a transcript of the video. Roseann Lake: Leftover women in China are a…
