Didi Global Inc. shares slumped on Friday after Chinese regulators were said to have asked the ride-hailing giant to delist from U.S. exchanges.Most Read from BloombergBillionaire Family Feud Puts a C …
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Chinese state media gloats over JP Morgan CEO Jamie Dimon’s groveling apology for saying investment bank will outlast the communist party
The Global Times, a mouthpiece for the state, warned US firms that as they become more reliant on China for their success they need to ‘educate’ themselves on the importance of the Party.
Ant Group applies to China’s central bank to set up personal-credit scoring joint venture with state-backed partners
The personal-credit scoring joint venture, Qiantang Credit, will be 35 per cent owned by a unit of Ant Group Tech firms are hiving off their consumer-credit data units in joint ventures with …
Beijing presses Didi to delist from U.S. over data security fears – sources
HONG KONG/SHANGHAI (Reuters) -Chinese regulators have pressed top executives of ride hailing giant Didi Global Inc to devise a plan to delist from the New York Stock Exchange due to concerns about …
China central bank gives nod to set up credit-scoring JV backed by Ant, state firms
China’s central bank said on Friday it had accepted the application to set up a personal credit-scoring joint venture backed by Alibaba’s fintech affiliate Ant Group and other firms. The new venture, …
China central bank allows set-up of credit scoring venture backed by Ant, state firms
China’s central bank said on Friday it had accepted the application to set up a personal credit-scoring joint venture backed by Alibaba’s fintech affiliate Ant Group and other firms. The new venture …
Fitch Affirms Bank of China’s Long-Term IDR at ‘A’; Outlook Stable
Fitch Ratings has affirmed Bank of China Limited’s (BOC) Long-Term Foreign-Currency Issuer Default Rating (IDR …
China c.bank allows set-up of credit scoring venture backed by Ant, state firms
China’s central bank said on Friday it had accepted the application to set up a personal credit-scoring joint venture backed by Alibaba’s fintech affiliate Ant Group and other firms.
Hong Kong must capitalise on global financial trends to maintain hub status, pro-Beijing think tank says
Hong Kong should use its edge to position itself as an offshore yuan centre, an ESG investment hub and a digital-asset trading centre, says One Country Two Systems Research Institute report.
Chinese investors seek safety from property rout in bank bonds
Investors are seeking shelter in Chinese bank bonds as a rout in the high-yielding property debt market deepens.
Export-Import Bank offers financial support to state oil firm
The Export-Import Bank of Korea said Friday that it has signed a memorandum of understanding with Korea National Oil Corp. to offer the state-run oil company financial support worth about 1.1 trillion …
Tesla to Invest $188 Million to Expand Shanghai Factory Capacity – Beijing Daily
Tesla plans to invest up to 1.2 billion yuan ($187.91 million) to expand production capacity at its Shanghai factory in a project that will last from December to April next year, the state-backed …
China Corporate Funding, Liquidity and Defaults – November 2021
The amount of maturing or puttable offshore bonds – those in US dollars and euros, and dim sum bonds – issued by Chinese corporates, including local government …
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