China’s plan to tighten scrutiny over mainland companies’ overseas share sales is likely to ease the regulatory uncertainty that roiled financial markets this year and stalled offshore listings, …
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UPDATE 1-China’s offshore listing rules seen easing market uncertainty
China’s plan to tighten scrutiny over mainland companies’ overseas share sales is likely to ease the regulatory uncertainty that roiled financial markets this year and stalled offshore listings, …
China to build financial center in western region to boost Belt and Road cooperation
China announced a plan on Friday to build a financial center in the country’s southwestern Chengdu-Chongqing area by 2025, a move an expert said will attract Belt and Road financial service facilities …
China’s bond market sees 6.34-trln-yuan issuance in November
The total bond issuance in China stood at 6.34 trillion yuan (about 1 trillion U.S. dollars) in November, data from the central bank showed. The issuance of treasury bonds reached 669.76 billion yuan, …
China’s offshore listing rules should reduce market uncertainty
China’s plan to tighten scrutiny over mainland companies’ offshore share sales should help reduce the regulatory uncertainty that roiled financial markets this year and stalled offshore listings, …
Jack Ma’s Ant Boosts Consumer-Finance Unit With $3.5 Billion Fundraising
The biggest chunk of outside funding comes from a powerful state-owned institution, Cinda, which is taking a 20% stake in the consumer-finance business.
Ant’s consumer finance unit to boost its capital to US$4.7 billion
The consumer finance unit of China’s Ant Group will boost the company’s capital to 30 billion yuan (US$4.71 billion) from 8 billion yuan, and introduce 4 new strategic investors, an exchange filing …
China Cinda Buys 20% Stake in Ant’s Consumer Finance Unit
Ant Group’s consumer finance unit will receive 22 billion yuan ($3.5 billion) fresh funding from a group of investors including one of China’s state-owned asset managers. China Cinda Asset Management …
State-owned bad bank China Cinda to buy 20 per cent stake in Ant Group’s consumer credit vehicle
A Chinese state-owned asset management company said on Friday that it will spend 6 billion yuan (US$930 million) to buy a 20 per cent equity stake in the consumer credit unit of Ant Group.
Canadian government fines China’s largest bank
Federal regulators have fined the Canadian operations of China’s biggest state-controlled bank $701,250 under the Proceeds of Crime and Terrorist Financing Act. Blacklock’s Reporter reports it was the …
China unveils plan to set up a financial center in Chengdu-Chongqing area
China announced a new plan on Friday to build a financial center in the country’s southwestern Chengdu-Chongqing area by 2025, as part of the country’s larger drive to boost economic growth in the …
Ant’s consumer finance unit to boost its capital to $4.7 billion
The consumer finance unit of China’s Ant Group will boost the company’s capital to 30 billion yuan ($4.71 billion) from 8 billion yuan, and introduce 4 new strategic investors, an exchange filing …
Ant’s consumer finance unit to boost its capital to $4.7 bln
The consumer finance unit of China’s Ant Group will boost the company’s capital to 30 billion yuan ($4.71 billion) from 8 billion yuan, and introduce 4 new strategic investors, an exchange filing …
