Secretary-General Antonio Guterres said in an interview broadcast on Sunday that the UN has been in negotiations with Beijing “without restrictions” to Xianjang to see how the Uighyur minority is … ( read original story …)
Tagged By banking
Moody’s – Stricter regulation on Chinese financial holding companies will help rein in systemic risks
The tougher rules aim to ensure FHCs and their underlying financial institutions maintain good credit quality and limit contagion risk from corporates’ nonfinancial businesses » Owners and FHC must … ( read original story …)
China’s Bank of Communications Posts 49% Quarterly Profit Rise as Pandemic Eases
China’s largest banks extended their share rally after unexpectedly delivering their biggest jump in quarterly profits in at least a decade, boosted by rising demand for credit and easing bad-loan … ( read original story…
China Life Singapore Wins 2020 International Finance Insurance Awards
International Finance Magazine has announced the winners of insurance awards 2020 on the website recently. China Life Singapore has been awarded as the “Fastest Growing Digital Transformation Life … ( read original story …)
Here’s what happened in that wild trading in China internet stocks
2. The dramatic drop in Viacom’s price resulted in margin calls. Archegos was also long many China internet names that traded in the U.S. 3. Goldman Sachs, Morgan Stanley, Credit Suisse, and Deutsche … (…
Higher Open Predicted For China Stock Market
The China stock market on Friday halted the three-day losing streak in which it had stumbled almost 80 points or 2.5 percent. The Shanghai Composite Index now rests just shy of the 3,420-point plateau ……
China’s Sinopec raises 2021 capital expenditure by 23.8%
China Petroleum & Chemical Corp … Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world’s media organizations, and … ( read original story …)
Rout in China Tech Shares Boosts Buying Opportunity, Citi Says
(Bloomberg) — The massive selloff in U.S. listed shares of Chinese technology companies isn’t linked to their fundamentals and makes for a bigger buying opportunity, according to Citigroup Inc … ( read original story …)
Three of China’s Big Five lenders post Q4 profit increase of over 40%
Meanwhile, China Construction Bank Corp (CCB … for the pandemic prevention and economic growth,” said ICBC Vice President Wang Jingwu. In its financial statements, CCB underlined the pressure on … ( read original story …)
Trade War: Biden Administration Not Ready To ‘Yank’ China Tariffs, But Open To Talks
As the trade war dragged on during President Trump’s term, the tariffs on Chinese products ultimately weighed on both the U.S. and Chinese economies, leading to retaliatory tariffs on U.S. goods, … ( read original…
UK chambers removes Xinjiang genocide opinion after China sanctions
A UK barristers’ chambers has sought to distance the majority of its members from a legal opinion written by four of its lawyers that implicated the Chinese government in “genocide” in Xinjiang after … (…
China sanctions the U.S., Canadian officials over Xinjiang
A statement from the Foreign Ministry says the head of the U.S. Commission on International Religious Freedom Gayle Manchin will be barred from visiting mainland China, Hong Kong or Macao, and for … ( read…
China ramps up financial supports for solar companies to accelerate deployment
China is to ramp up its support of domestic solar companies in a bid to fast-track development in the country. ( read original story …)
