The exchange rate between China’s yuan and the US dollar has become a closely watched issue as a lower yuan exchange rate figure means it takes fewer yuan to purchase one US dollar, indicating a…
Tagged By banking
China’s land sales slump for second month as developers stay away
China’s government land sales slumped for a second month as demand from private developers further softened following tighter regulations on fresh borrowing, adding pressure on local authorities …
China’s Evergrande crisis at a turning point
The key issue in the Evergrande crisis is whether the government and financial authorities will be able to stave off the effects of the developing slump in real estate and property development on the …
China’s Top Financial Regulator Sees Progress in Tech Crackdown
China’s top financial regulator said he expects to achieve significant progress in the ongoing crackdown on fintech firms before the year-end, reinforcing speculation that Beijing’s campaign to rein …
Cotton Skids as Supply Outlook Improves and China Demand Slows
Sugar held gains from a two-month low in New York as a recent rally in the white-sugar premium makes it more attractive to refine raw supplies.Most Read from BloombergGoogle’s Biggest Moonshot Is Its …
China Finance Online Co. Limited (JRJC) Is Worth Accumulating At Current Levels
China Finance Online Co. Limited (NASDAQ:JRJC) at last check was buoying at $8.89 on Thursday, October 21 with a rise of 17.75% from its closing price on previous day. Taking a look at stock we…
China Finance Online Co. Limited (NASDAQ:JRJC) Has Seen A Fall Of -29.37% This Year, Is It Still A Better Option Than Others?
In last trading session, China Finance Online Co. Limited (NASDAQ:JRJC) saw 6.38 million shares changing hands with its beta currently measuring 1.35. Company’s recent per share price level of $7.55 …
China will continue separating financial businesses, says c.bank governor
China will continue to separate the operation of banking, securities and insurance businesses to maintain a stable financial system, its Central Bank Governor Yi Gang said on Thursday.
Hong Kong, mainland China agree to one-stop sandbox platform allowing Greater Bay Area start-ups to develop cross-border fintech tools
The monetary authorities of Hong Kong and mainland China agreed to create a one-stop sandbox platform in the Greater Bay Area that will allow fintech companies to develop cross-border products faster …
China’s bank sector’s bad loan ratio rise as pandemic impact persists
China’s banking sector saw its bad loan ratio rise to 1.9% at the end-September versus 1.86% three months earlier as the impact of the pandemic persisted and loan forbearance policies expired, the …
China banking sector’s bad loan ratio rises as pandemic impact persists
China’s banking sector saw its bad loan ratio rise to 1.87% at end-September versus 1.86% three months earlier as the impact of the COVID-19 pandemic lingered, the sector’s regulator said on Thursday.
China Vows to Keep Property Curbs, Evergrande Risk Seen Limited
China’s banking regulator vowed to keep its curbs on the nation’s property market, dismissing concerns that the crisis enveloping China Evergrande Group will have any major impact on the credit …
PhilRatings gives China Bank triple A rating
China Banking Corporation (China Bank) has received the highest issuer rating of PRS Aaa (corp.) with a Stable Outlook from. One of the country’s leading private universal banks with a strong …
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