Citigroup has appointed David Jiang and Lei Li as co-head of industrials investment banking for Asia, according to a company memo seen by Reuters. Jiang has been with Citi for three years while Li has…
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The economic threats from China’s real estate bubble
The Chinese government is well aware that the great investment boom in property has gone far beyond reasonable limits. The economy needs different drivers of demand.
China’s banks must meet coal, power financing needs
China’s banking regulator said on Tuesday that lenders including policy banks must ensure that the financing needs of the coal and power sectors are met so that consumer heating during winter is not …
The Brattle Group Expands into China with New Beijing and Shanghai Offices
The Brattle Group has expanded its global reach by opening new offices in Beijing and Shanghai, the economic consultancy’s first locations in Greater China.
China’s banking sector expected to see 10 pct profit growth in H2: report
Chinese commercial banks are likely to see their net profits grow by around 10 percent in the third and fourth quarters of 2021 boo …
China strengthens financial support for coal, electricity production
China’s top banking and insurance regulator has released a circular on strengthening financial support for coal and electricity production and maintaining order in the commodity market. The circular, …
China’s property sector default woes deepen amid Evergrande disquiet
“at-above-post addthis_tool” data-url=” Clare Jim, Tom Westbrook and Marc Jones HONG KONG/LONDON (Reuters) -Growing worries about defaults at Chinese property developers triggered a rout in their …
Evergrande worries hit China debt but foreign EM flows rise in Sept – IIF
Chinese debt saw the largest outflows in six months in September on volatility triggered by the China Evergrande Group crisis, but high debt issuance across emerging markets helped push overall …
China’s banking sector expected to see 10% profit growth in H2: report
Since the third quarter of the year, commercial banks continued to improve their balance sheets and focused on the transition from expanding scale to enhancing quality, with operating performance …
China property sector distress deepens as second company runs into financial troubles
After Evergrande, which is teetering on a default, another property development company Fantasia Holdings failed to repay a $205.7 million bond on 4 October …
China Tech Index Heads for New Low as Global Selloff Continues
A benchmark tracking Chinese technology stocks in Hong Kong was set for a record low on Tuesday, as investors headed for the exits after fears of higher interest rates prompted a global tech …
China’s banks must meet coal, power financing needs -regulator
China’s banking regulator said on Tuesday that lenders including policy banks must ensure that the financing needs of the coal and power sectors are met so that consumer heating during winter is not …
China property sector default woes deepen amid Evergrande uncertainty
Evergrande requested a halt in the trading of its shares pending an announcement about a major deal. Evergrande Property Services Group also requested a halt referring to “a possible general offer” …