His China Evergrande Group is urging patience and asking offshore … retail investors, as well as a wide range of financial institutions including banks and trust firms to acquire land and build …
Tagged By banking
Ping An Promotes Conservation of South China Tiger to Promote and Sustain Biodiversity
Company of China, Ltd. (hereafter “Ping An” or the “Group, HKEX: 02318; SSE: 601318) announced that Ping An Public Welfare Foundation and Shenzhen Project Care Foundation have jointly launched a …
China to scale up tax and fee cuts in 2022
China will take stronger measures to cut fees and taxes to support market entities this year with a combination of fiscal incentives, the Ministry of Finance said Tuesday. The measures will be more …
Cinda AMC leans on China bank support
Holdings Co’s decision to roll out its $1bn bond on Monday when market conditions were far from ideal was vindicated by strong investor backing and a solid aftermarket performance. The Chinese bad …
Deutsche Bank Sees Deeper Selloff in U.S. Stocks, Boosts China Call
Deutsche Bank AG is betting the diverging policy paths between the Federal Reserve and the People’s Bank of China will result in U.S. equities correcting further and China’s getting a boost, joining …
JD Technology, fintech unit of China’s JD.com, engages banks for Hong Kong IPO that could raise up to US$2 billion, source says
Bank of America, Citic Securities and Haitong International … JD.com did not reply to an email and calls from the Post. The company has filed to the China Securities Regulatory Commission for the …
China 2021 fiscal revenues rise 10.7% yr/yr – finance ministry
China’s fiscal revenues rose 10.7% in 2021 from a year earlier, Vice Finance Minister Xu Hongcai said on Tuesday. Fiscal expenditures rose 0.3% in 2021 from a year earlier, Xu told a news …
China’s fiscal revenue surpasses 20 trillion yuan in 2021
China’s fiscal revenue rose 10.7 percent year on year to 20.25 trillion yuan ($3.2 trillion) in 2021, Vice Minister of Finance Xu Hongcai revealed on Tuesday.
Russia proposes China-backed AIIB finance projects worth almost $12 bln – paper
Russia’s economy ministry has proposed that the China-backed Asian Infrastructure Investment Bank (AIIB) help finance five projects in Russia worth almost $12 billion, the Vedomosti daily reported on …
China Southern Asset Management Becomes the First Chinese Asset Management Company Achieving Carbon Neutrality
China Southern Asset Management Becomes the First Chinese Asset Management Company Achieving Carbon Neutrality Shenzhen, China–(Newsfile Corp. – …
China’s small and medium firms evolve to seek vitality amid pandemic
Many of China’s small and medium-sized enterprises (SMEs) have been hit hard by the COVID-19 pandemic that is still raging across the globe. Instead of giving in, they have fought a way out of the…
Beijing joining ‘time bank’ to improve care for elderly, volunteer services
Beijing is developing a system in which volunteers can amass credits for assisting the elderly and use them later in life to get services for themselves. On June 1, the city will launch a system…
Former senior banking regulatory official expelled from CPC for power abuse
BEIJING, Jan. 24 (Xinhua) — Cai Esheng, former vice chairman of China’s top banking regulatory body, has been expelled from the Communist Party of China (CPC) for grave violations of Party discipline …
