China has developed an uneasy relationship with big capital. The country’s uncommonly prosperous billionaires will continue to try to keep a low profile as President Xi Jinping promotes his “ common …
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China Huarong sells 70per cent stake in its consumer finance unit to Bank of Ningbo
China Huarong Asset Management Co said on Monday that it will sell a 70per cent stake in its consumer finance unit for 1.1 billion yuan (US$172.64 million) to Bank of Ningbo, as Huarong continues to…
China central bank affirms flexible monetary policy next year to support growth
BEIJING: China will keep its monetary policy flexible next year as it seeks to stabilise growth and lower financing costs for businesses amid growing economic headwinds, the central bank said on …
China Finance Online Announces $13.2 Million Private Placement of Ordinary Shares and Warrants
China Finance Online Co. Limited (“China Finance Online”, or the “Company”, “we”, “us” or “our”) (NASDAQ: JRJC), a leading web-based financial services company that provides Chinese individual …
China’s central bank pledges more targeted monetary policy
CHINA’S central bank pledged greater support for the real economy, and said it will make monetary policy more forward-looking and targeted. There will be more “proactive” use of monetary policy tools, …
China c.bank says to implement management system for property financing
China’s central bank said on Monday it will step up oversight of capital and platform companies, and steadily implement a management system for real estate financing. The PBOC added it will also …
China will step up foreign exchange market monitoring in 2022 – regulator
China will strengthen foreign exchange market monitoring and step up risk prevention and control in 2022, the country’s FX regulator said in a statement on Monday.
China Huarong sells 70% stake in its consumer finance unit to Bank of Ningbo
BEIJING: China Huarong Asset Management Co said on Monday that it will sell a 70 per cent stake in its consumer finance unit for 1.1 billion yuan (US$172.64 million) to Bank of Ningbo, as Huarong…
1st LD-Writethru-Economic Watch: China shortens negative lists for foreign investment for 5th straight year
Meanwhile, a number of major opening-up measures have been introduced in industries including finance and automobiles, creating broader room for foreign investment. Bucking a sharp drop in global …
Financial hub in western region promotes China’s development strategy
The announced plan of a western financial hub represents an important move that guarantees China with the prospects of a high-quality domestic development and a long-awaited economic rebalancing act …
Sutro Biopharma and Tasly Biopharmaceuticals Enter into Exclusive License Agreement for STRO-002 in Greater China
Sutro Biopharma, Inc. (“Sutro”) (NASDAQ: STRO), a clinical-stage drug discovery, development and manufacturing company focused on the application of precise protein engineering and rational design to …
China’s Finance Ministry: Will roll out fiscal policies proactively to stabilize growth next year
China will roll out fiscal policies proactively to stabilize economic growth in 2022, the country’s Finance Ministry said at its briefing on Monday. “Fiscal expenditures will be kept up to bolster …
China to Roll Out Fiscal Policies Proactively to Stabilise Growth Next Year
China will roll out fiscal policies proactively next year to stabilise economic growth, the finance ministry said on Monday, vowing that the impact of the drive would be felt earlier than usual. The …
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