China will support online platform companies and digital economy enterprises to raise capital in domestic and overseas markets, Li says Plans by Chinese tech companies to go public in New York have …
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DOJ accuses casino mogul Steve Wynn of lobbying on behalf of China
The DOJ is suing casino mogul Steve Wynn to compel him to register as a foreign agent for China, due to alleged lobbying he did during the Trump administration.
China’s tech industry growth loses steam as Tencent’s depressed earnings show impact of economic slowdown, analysts say
The internet giant’s shares fell 7 per cent in Hong Kong on Thursday to lead a broad-based rout of China tech stocks, a day after posting its lacklustre results The government’s recent signal to …
China targets party elites’ overseas assets
An internal Communist Party directive bars senior officials and their families from owning property abroad or stakes in overseas entities …
China’s private pension scheme to draw US$17.8 billion a year from savings accounts into asset management
The scheme, unveiled in April, will swell the asset-management market by 120 billion yuan per year, analysts predict China Citic Bank has joined the financial institutions seeking to benefit while …
China Seen Lowering Lending Benchmark LPR to Support Economy:Reuters Poll
China is expected to cut benchmark lending rates at its monthly fixing on Friday, a second reduction this year, a Reuters survey showed, as it seeks to prop up credit demand to cushion an economic…
China seen lowering lending benchmark LPR to support economy
China is expected to cut benchmark lending rates at its monthly fixing on Friday, a second reduction this year, a Reuters survey showed, as it seeks to prop up credit demand to cushion an economic…
Finance professionals find new opportunities as social media influencers in China
“Helping young entrepreneurs grow and help them identify opportunities and risk was some of my most important work as an investor, and that is exactly what I’m continuing to do right now on Douyin.” …
China’s Banking Industry Can Control Risks Despite the Pressure from Small, Micro Firms’ NPL
China’s banking industry is facing the rebounding pressure of non-performing loans of micro and small businesses that have been affected by the Covid-19 epidemic, but risks are controllable, according …
Yuan eases as investment banks cut China’s growth outlook
The yuan eased against the dollar on Thursday as market sentiment soured after some major global investment banks cut their expectations for China’s economic growth. SHANGHAI, May 19 (Reuters) – The …
China to further prop up property market
To further prop up China’s property market, from central financial authorities to local governments, a series of policies were issued to cut mortgage loan interest rates and ease curbs on home …
Consumer, financials drag on China shares as tech rout hits Hong Kong
At midday, China’s blue-chip CSI300 index was down 0.25% at 3,981.75 points, narrowing earlier losses. The Shanghai Composite index slipped 0.08% to 3,083.39 points. ** The CSI300 financial sector sub …
China Calls For Urgent Boost To COVID-Hit Economy
China – the last major global economy sticking to a rigid zero-COVID policy – is battling an economic slump due to prolonged virus lockdowns that have constricted supply chains, quelled demand and …
