Bitcoin seems to be holding its support price at $46,000 and currently trading at $46,324.72, up by 0.4 per cent, China launches e-yuan wallet, read more about it here.
Tagged By banking
The China Initiative’s chilling effect on academic freedom
Critics say that the Department of Justice’s China Initiative has been ineffective and prone to racial profiling.
HSBC to Sell 39% Stake of Its China Brokerage Joint Venture Partner
HSBC Holdings plc announced plans to sell a majority of its stake in a China securities brokerage joint venture company.
Is China’s ‘Debt-Trap Diplomacy’ in Greenland Simply on Ice?
Should Greeland continue to move toward independence, the cash-strapped territory would be at high risk of falling prey to Chinese investments that seek to gain influence.
KraneShares KBA First ETF to Track MSCI China A 50 Index in the US
Krane Funds Advisors, LLC, (“KraneShares”), an asset management firm known for its China-focused exchange-traded funds (ETFs) and innovative investment strategies, announced that KBA now tracks the …
China Mobile surges on Shanghai debut, shrugging off US delisting
Staff members of China Mobile test the signals of the 5G base station built at an altitude of 6,500 meters at the advance camp of Mount Qomolangma in southwest China’s Tibet Autonomous Region on May…
Dunxin Financial Holdings Limited Announces Results of 2021 Annual General Meeting of Shareholders
PRNewswire/ — (“Dunxin” or the “Company”) (NYSE American: DXF), a licensed microfinance lender serving individuals and small and medium enterprises (“SMEs”) in Hubei Province, China, today announced …
China Stock Connect: Expanding Shanghai-London Program to Germany and Switzerland
The China Stock Connect program may expand to include Germany and Switzerland. We explain what the program is and what the new proposal says.
China Huarong halves in value as trading resumes
Shares of China Huarong Asset Management Co Ltd plunged as much as 55per cent in Hong Kong on Wednesday to a record low, after trading resumed following a nine-month hiatus, even as the bad loan…
‘China is uninvestable,’ says Bond king Jeffrey Gundlach
“China is uninvestible, in my opinion, at this point,” the bond king told Yahoo Finance in an interview at his California estate. “I’ve never invested in China long or short. Why is that? I don’t…
China’s yuan holds steady before Fed minutes, eyes also on China rates
and corporate’s financial settlement and employee bonuses before the Lunar New Year have made the FX supply stronger at year-end and the beginning of the year,” said Liu Yaxin, macro analyst at China …
China investment firm’s shares slump after $6.6bn bailout
Shares in scandal-hit China Huarong Asset Management have slumped by more than 50% after a state-backed bailout of almost $6.6bn (£4.9bn). The company’s shares had been suspended on the Hong Kong …
China Huarong plunges 50% as trading resumes after 9-month halt
Shares of China Huarong Asset Management Co Ltd plunged as much as 50% in Hong Kong on Wednesday to a record low, as trading resumed after a nine-month suspension, giving investor …