China Unicom (Hong Kong) Ltd (NYSE:CHU) has received a consensus rating of “Hold” from the ten ratings firms that are currently covering the company. One equities research analyst has rated the stock with a sell…
Featured Posts Title
China Trumpets ‘Own Efforts’ in Pushing For US-Iran Ceasefire
China’s foreign minister to visit North Korea over April 9-10
How Screw Terminal Blocks Are Evolving to Meet Next-Generation Electrical Requirements
Chinese pigs fed new menu as Beijing weans farmers off US soya beans
Did China Broker The US-Iran Ceasefire? Beijing’s Quiet Diplomacy Before Trump-Xi Meeting
Old enemies meet in Beijing as China promotes its influence in Taiwan
In China’s ‘Silicon Valley,’ US landmarks stand in a strange world frozen in time
Recent Posts
China Unicom (Hong Kong) Ltd (CHU) Receives $12.50 Average Target Price from Brokerages
China central bank says to keep policy neutral, liquidity stable
BEIJING China’s central bank said on Friday that it would keep its monetary policy neutral and “neither too tight nor too loose” to help maintain stable liquidity conditions. At a key economic meeting this month,…
Man with ties to Canadian bank serves tiny taste of life among China's nouveau riche
Wandering into the gated apartment complex 200 kilometres southeast of Beijing, I knew almost nothing about the man I was looking for. I knew his name, Xu Chang’an. I knew he had signed as a…
Another Chinese tech giant is launching an online bank
Best known for its smartphones, Xiaomi will own around 30% of the new bank. The Chinese regulator is encouraging the launch of new banks. In 2014, the China Banking Regulatory Commission (CBRC) started handing out…
Across China: More private banks in pipeline
BEIJING, Dec. 30 (Xinhua) — Historically, China’s banking sector has been dominated by a few colossal state entities, but the tone has changed and market-oriented private banks are springing up in response to needs that…
China’s central bank on levers to buoy the yuan
China enhanced its ability to stabilise its currency, as the rising US dollar threatens to undermine its economy, by accelerating the flow of capital out of the country. China’s central bank is adjusting the mix…
China economy improving, rate hike a possibility – People's Bank of China adviser
While inflation is showing signs of picking up in China along with economic activity, economists say there is no immediate pressure on the central bank to raise rates. BEIJING: Interest rates in China are already…
China's banking industry sees growing external assets
BEIJING – China’s banking industry recorded more external financial assets by the end of September compared with the second quarter, according to official figures. China’s banking industry, excluding the central bank, reported external financial assets…
China takes new step to downgrade the dollar's prominence
China took another step to degrade the US dollar in defining the value of its currency in an effort that cuts against its rival’s stubbornly strong hold on the global financial system. An arm of…
China announces ban on ivory trade by end of 2017
China has announced a ban on all ivory trade and processing … Conservation group WWF welcomed the latest news, calling it a “historic announcement… signalling an end to the world’s primary legal ivory market and…
Chrystia Freeland set for trade talks with China in 2017
She can be reached at catharine.tunney@cbc.ca Twitter: @cattunneycbc International Trade Minister Chrystia Freeland says she’s tentatively booked to have her first face-to-face discussion with China in February as Canada explores a free trade agreement ……
China economy improving, rate hike a possibility – central bank adviser
BEIJING Interest rates in China are already on an upward trend as the economy improves, People’s Bank of China (PBOC) adviser Sheng Songcheng told Reuters in an interview. “The economy is improving…so interest rates and…
China policymakers pledge stability for 'complex' year ahead
“At present, China’s economic and financial operations are generally stable, but the complexity of the situation cannot be underestimated,” the People’s Bank of China (PBOC) said. Bank lending is on pace to top 2015’s record…