Asian shares wavered Friday as the spread of the delta Covid-19 variant and China’s regulatory curbs restrained sentiment despite another record high close on Wall Street.Stocks fluctuated in Japan …
Tagged By banking
Tim Hortons China Is Said Near $1.8 Billion Deal With SPAC
The joint venture that runs the Chinese locations of iconic Canadian coffee shop chain Tim Hortons is nearing a deal to go public through a merger with blank-check company Silver Crest Acquisition …
China Banking Corporation — Moody’s announces completion of a periodic review of ratings of China Banking Corporation
Moody’s announces completion of a periodic review of ratings of China Banking CorporationRead the full article …
Big-money investors are piling into stay-at-home stocks and pulling out of China, Bank of America says
The bank said that overweight Chinese stocks like Alibaba, Baidu, and JD.com could soon see renewed selling pressure as investors continue to pare down their China holdings.
Sequoia’s China Portfolio Hits Speed Bump After Tech Crackdown
Sequoia Capital and its Beijing affiliate have spent over a decade scattering more than $10 billion across China’s multitude of startups, backing the likes of ByteDance Ltd. and JD.com Inc. while …
China pushes ahead with reform of credit rating sector in campaign to cut financial risk
China has introduced new reforms to its domestic credit rating industry amid a broader campaign to curtail financial risk in the world’s second largest economy.
Summer market heats up for China auto ABS
China’s auto ABS market has seen one of its busiest periods so far this year, as companies unleash new deals amid falling yields onshore.
Ambassador Haque visits Habib Bank Limited Head Office in Beijing
Pakistan Ambassador to China, Moin ul Haque visited the Head Office of Habib Bank Limited (HBL) here on Thursday and hoped that the bank would greatly help in the economic and financial integration …
Chinese insurance stocks tumble as Beijing targets the industry with tougher regulations
Insurers were ordered to limit misleading marketing practices, curb exorbitant fees, and protect user privacy.
Bullies of Beijing: What Does Xi Jinping Really Want?
What Xi wants is controlled capitalism, suited to the goals of national security, social and economic prosperity, and political stability. To be hailed as a patriotic entrepreneur by none other than …
China Sentences Former Senior ICBC Banker to Life for Bribery
China sentenced Gu Guoming, a former senior banker at Industrial and Commercial Bank of China (ICBC), to life in jail after being found guilty of bribery, state media said on Thursday. China’s top …
China’s 2015 yuan reform sent shock waves through financial markets, now it’s ‘learning its lesson’
Six years ago, the People’s Bank of China devalued the yuan by nearly 3 per cent against the US dollar over two days, now it is laying out its policy plans to support the currency.
Asian Markets Mostly Down As China Fears Reappear
Asian markets mostly fell Thursday after Chinese authorities unveiled plans to tighten regulation across multiple sectors over the coming years, weeks after it hit stocks by cracking down on a range …
