Tens of thousands of pro-China protesters have rallied in Hong Kong, expressing anger at calls for the territory's independence. Demonstrators waved Chinese flags, and chanted "oppose Hong Kong independence; support Beijing's ruling". Last week ... ( read original story ...)
Beijing Tightens Its Grip in Hong Kong Again
Two months after tumultuous legislative elections, and two years after the pro-democracy Umbrella Movement paralyzed the city center, Hong Kong is in the throes of another great political crisis. Last Monday, the Chinese government intervened in the ... ( read original story ...)
China Unicom (Hong Kong) Ltd (NYSE:CHU) Updated Broker Price Targets
Market analysts have recently updated their ratings and price targets on shares of China Unicom (Hong Kong) Ltd (NYSE:CHU). The latest reports which are currently in issue on Sunday 13th of November state 0 analysts have a rating of “strong buy”, 0 ... ( read original story ...)
Investors dodge China's whack-a-mole outflow curbs
TRADE CHANNELS Jolyon Ellwood Russell, partner at lawyers Simmons & Simmons, said international anti-money-laundering monitor Financial Action Task Force (FATF) had identified four main channels to bring money out of China: cash smuggling in vans ... ( read original story ...)
German Displeasure Rises Over China FDI Policy
Germany’s bellyache about China’s foreign direct investment policy is a sign of Europe’s growing displeasure with what is perceived as an imbalance in the economic ties between the Old Continent and the Asian giant. Sectors of the government in ... ( read original story ...)
China’s Debt Addiction Could Lead to a Financial Crisis
The China state-capitalism model was the talk of the annual Davos Economic Conference in 2011. Not only had the Middle Kingdom managed to deftly sidestep the 2008-09 global credit crisis, but its gross domestic product was also growing smartly—up 10.6% ... ( read original story ...)
China’s technology giants Alibaba and DJI are cloning the Apple store
In September, Chinese drone maker DJI opened a flagship store in Hong Kong's trendy Causeway Bay neighbourhood. On the first floor, in an area cordoned off with black netting, like a batting cage, customers test the machines in flight. The second floor ... ( read original story ...)
China’s mobile commerce lead over US revealed in IAB report
China is leading the US when it comes to mobile commerce, with nearly twice as many Chinese consumers making a mobile purchase over the previous 12 months than their American counterparts, a study by the Interactive Advertising Bureau (IAB) says. ( read original story ...)
What I read this week: A digital payment infra for India and if China is nearing a debt crisis
The debt treadmill In June, Torsten Slok, chief international economist at Deutsche Bank Securities, published a chart showing that China’s credit bubble exceeded even that of the US in 2007, on the cusp of the subprime mortgage meltdown that set off the ... ( read original story ...)
Deutsche Bank stake in China's Harvest offers some comfort in troubled times
HONG KONG In the checkered history of foreign-sino joint ventures, Deutsche Bank's (DBKGn.DE) 30 percent stake in Beijing-based Harvest Fund Management has proven a savvy investment - and may provide the German bank with a cushion as it faces a big penalty ... ( read original story ...)
China's money rates drop on liquidity support and mild yuan recovery
SHANGHAI, Nov 4 China's primary money rates fell sharply for the week on liquidity support through a central bank-led medium term lending facility (MLF), and mild yuan strengthening against the dollar also eased demand for cash, traders said. Money ... ( read original story ...)
Investment banking activity in Singapore in downward spiral
Most of the bank’s employees in the region are located in Hong Kong, Singapore, and China and it is in these countries that the cuts will take place. Goldman is not the only investment bank facing a contraction in business volumes. Bank of America also ... ( read original story ...)
All eyes on central banker Zhou after finance minister Lou steps down
China’s longest-serving central bank governor, steps down and who can replace him? The answer matters for the Chinese economy and the world because Zhou and Lou are regarded as the cream of the pro-market Chinese technocrats who argued for China’s ... ( read original story ...)