Hong Kong’s financial services industry and foreign asset managers are welcoming the long-awaited official launch of a wealth management channel in the Greater Bay Area that opens up opportunities to …
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Beijing Blocks Blackstone, Backs Ant Consumer-Loans Breakout
The campaign against Big Tech continues in China, where Ant will likely have to carve out its consumer-loans business.
Stock market correction of 5%-10% ‘likely before year end’, Deutsche Bank survey finds – business live
Rolling coverage of the latest economic and financial news …
Disgruntled China Evergrande investors crowd headquarters in protest
SHENZHEN: Chaotic scenes erupted at the headquarters of cash-strapped developer China Evergrande Group on Monday (Sep 13), as roughly 100 disgruntled investors crowded its lobby to demand repayment of …
Alibaba Shares Drop As China Reportedly Seeks To Break Up Jack Ma’s Alipay
Chinese regulators want Ant to spin off its lending business and hand over its proprietary credit scoring data to a company part-owned by the state.
Ping An Named Insurance Company of the Year, ESG, China by The Asset
Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEx:2318; SSE:601318) is pleased to announce that the Group has been named Insurance Company of the Year, ESG, China at The Asset Triple A …
China Evergrande’s restructuring ‘quasi unavoidable’ amid distress as ‘free pass’ on debt binge ends
Investors focusing on Asian high yield and distressed bonds are circling China Evergrande Group as the developer seeks fresh capital to pull through its biggest survival test after accumulating more …
Integration with China’s financial market is Russia’s priority for next decade – Central Bank
The priority area is the development of integration with Asian markets, primarily with the Chinese financial market. With the assistance of the Bank of Russia, work will continue to develop …
Beijing bourse seen as elixir for capital market reform
The establishment of the Beijing Stock Exchange will help perfect China’s capital market system and improve its function of serving the real economy, paralleling the importance of the launch of the …
The week in review: China launches long-awaited WM Connect
This round-up focuses on the official launch of the Wealth Management Connect pilot programme in the Guangdong-Hong Kong-Macao Greater Bay Area …
POLL-China’s Aug new yuan loans seen rebounding from 9-month low
Find the latest NVIDIA Corporation (NVDA) stock quote, history, news and other vital information to help you with your stock trading on FintechZoom …
China Has ‘Too Many’ Auto Companies Now, Consolidation Needed -Minister
China’s industry minister said on Monday that currently there are “too many” auto companies in China, and consolidation in the industry is needed. China would encourage companies to consolidate to …
China’s Wang Yi in South Korea, Taiwan military drills, Alibaba AGM | Fintech Zoom – World Finance
China’s Wang Yi in South Korea, Taiwan military drills, Alibaba AGM | Fintech Zoom – World Finance …