Two weeks ago I wrote about China Rapid Finance and their plans to go public. I shared information about their target borrowers which they call the Emerging Middle Class Mobile Active (EMMA for short) and…
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Watch: Bridge collapses and car swept away in China river
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Fearing China and an erratic U.S., Japan draws nearer to South Korea
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Recent Posts
Former Unicorn China Rapid Finance Goes Public at a $350M Valuation
China to launch Wikipedia rival in 2018
These are external links and will open in a new window China is to launch an online version of its national encyclopaedia next year, to compete with Wikipedia. Officials said more than 20,000 people had…
China's 'mega-statues' are even more stunning than its towering skyscrapers
China single-handedly made 2016 a record-breaking year for … Monroe statue ended up in the hands of a garbage collection company in 2014. It stood in a business center for six months before getting removed,…
We haven't heard JPMorgan CEO Jamie Dimon go this dark on China in a long time
Something dark is happening in China’s banking system. It hasn’t been able to penetrate our noisy news cycle here on the other side of the world. But Jamie Dimon, the CEO of JPMorgan, knows about…
China A shares suffer amid finance sector deleveraging
Deleveraging in the financial sector is a hot topic in China. It’s one of the key factors behind the recent decline in A shares. China’s economy has over-expanded in the past couple of years, in…
China, Japan to hold sixth finance minister dialogue
BEIJING, May 2 (Xinhua) — China and Japan plan to hold the sixth dialogue between their finance ministers in Yokohama, Japan on May 6, China’s Ministry of Finance said on Tuesday. The talks may cover…
China Rapid Finance Hopes Its U.S. IPO Will Grow Chinese Customers
As only the second Chinese online lender to go public in the U.S. (first was Yirendai in 2015), China Rapid Finance is confident its new listing on the New York Stock Exchange will lead to…
Mountain China Resorts Reports 2016 Financial and Operational Results
For the year ended December 31, 2016, the Company generated revenues from resort operations of $14.76 million and a net loss of $11.39 million or $0.04 per share compared to revenue of $13.61 million and…
We haven't heard JPM CEO Jamie Dimon go this dark on China in a long time
NEW YORK – Something dark is happening in China’s banking system. It hasn’t been able to penetrate our noisy news cycle here on the other side of the world. But Jamie Dimon, the CEO of…
China Bank Investors Should Think Big
Nisha Gopalan is a Bloomberg Gadfly columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter. There is some good news for Chinese…
China debt rising at “alarming pace” – bank official
China’s level of leverage and debt is rising at an “alarming pace”, particularly in the finance sector, a senior central bank official said in a commentary, amid growing concern by the country’s senior leaders over…
China’s banking watchdog vows to sort out ‘chaos’
“If the banking industry becomes a complete mess, as the chairman of the China Banking Regulatory Commission, I will resign!” There can be little doubt that this declaration, attributed to regulator Guo Shuqing, signals an…
China central bank injects $73.4 bn of liquidity in April, 18 per cent less than March
BEIJING: China’s central bank injected 506.39 billion yuan ($73.43 billion) into the financial system via short- and medium-term liquidity tools in April, down 18 percent from the previous month, sigalling a bid to rein in…