Fitch Ratings has placed China Huarong Financial Leasing Co., Ltd.’s (Huarong Financial Leasing) Long-Term Issuer …
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UPDATE 1-China dollar bond issuers hit by Huarong debt concerns
Chinese corporate dollar bond issuers are facing rising financing pressure after asset management giant China Huarong Asset Management Co delayed the release of its annual results, prompting broader …
Global Internet of People, Inc. Entered into Service Contracts Worth RMB8 Million With Beijing Taxation Star Technology Co. Ltd.
Global Internet of People, Inc. (“SDH” or the “Company”) (NASDAQ: SDH), an operator of a knowledge sharing and enterprise service platform via mobile application and through local centers in China, …
China’s first quarter GDP growth seen hitting record 19% as domestic, global demand recovers: Reuters poll
China’s economy likely grew at record pace of 19% in the first quarter, rebounding from a pandemic slump early last year as demand recovered at home and abroad and as policy support for ailing smaller…
China’s company finance chiefs see business improving in 2021 as world emerges from pandemic, Deloitte survey finds
Financial controllers at companies operating in China are expecting their businesses to perform better in 2021, bolstered by the global roll-out of vaccinations and rising consumer demand in Western …
China’s Very Bad Bank: Inside the Huarong Debt Debacle
It’s been 11 weeks since Lai Xiaomin, the man once known as the God of Wealth, was executed on a cold Friday morning in the Chinese city of Tianjin.
Why Didn’t Wall Street See Archegos and China Huarong Coming?
We all want the financial system to operate smoothly but even experts can overlook the footnotes and step into a quagmire of bad investments.
Analysis: Why is Beijing hounding Jack Ma and Alibaba again?
Chinese e-commerce giant Alibaba Group Holding is in the news again. On Monday evening, state-run Xinhua News Agency reported that four government agencies had carried out “joint regulatory talks” …
Analysis: Beijing pounds Jack Ma and Alibaba again. Why?
Chinese e-commerce giant Alibaba Group Holding is in the news again. On Monday evening, state-run Xinhua News Agency reported that four government agencies had carried out “joint regulatory talks” …
China debt: local government spending under microscope to protect national economy from ‘systemic risk’
In an effort to curb the ‘systemic risk’ associated with local government debt, China is turning away from its investment-driven model and will hold local cadres accountable for life if they rack up …
China’s Bad-Bank Panic Unveils the Man Behind the Curtain
State support—explicit or implicit—is a crucial linchpin of the Chinese financial system. Things can unravel quickly when investors no longer believe it is there.
China Huarong Showdown Reveals Beijing’s Tougher Stance on Risk
Market turmoil surrounding China Huarong Asset Management Co. intensified on Wednesday as investors interpreted government silence on the embattled firm as a lack of official support.
China’s Environmental Data: The World’s Biggest Polluter In Numbers
China has pushed ahead in renewable energy, with the Global Wind Energy Council industry group noting 2020 was a record year for wind energy. The drive in wind energy came before a cut-off in …
