Ronald Wan of Partners Financial Holdings says financial institutions in Hong Kong generally will be in a “sensitive position” if China imposes anti-foreign sanctions law on Hong Kong. But, he says …
Tagged By banking
BSP cites China Bank for strong support
China Banking Corporation has been named by the Bangko Sentral ng Pilipinas (BSP) as an outstanding stakeholder. This is in recognition of the Bank’s strong support for the BSP’s programs and …
Foreigners Buying China Stocks After Tech, Education Selloff
Overseas investors have loaded up on Chinese stocks by the longest stretch since late April, following a rout last week that pushed the country’s benchmark index to its lowest in almost nine …
As headwinds rise, China seen quickening fiscal support to protect growth
China is poised to quicken spending on infrastructure projects while the central bank supports with modest easing steps, as risks from the Delta variant and floods threaten to slow its recovery, …
HSBC would probably want to develop its digital banking strategy going forward, analyst says
Hao Hong from the Bank of Communications International says HSBC would have to focus on strengthening its digital banking, especially in China, as the fintech sector faces increased competition from …
China’s yuan slips as domestic coronavirus cases rise
China’s yuan weakened on Tuesday as a surge of coronavirus cases of the Delta variant in the country prompted tough measures including mass testing, fuelling worries over the potential economic impact …
Oil Drops Again as Delta’s Spread Across China Threatens Demand
Oil fell for a second day as investors weighed the risk to consumption posed by the spread of the delta coronavirus variant, including in the key market of China, where officials are battling an …
Oil drops again across China due to the Delta variant
Oil fell for a second day as investors weighed the risk to consumption posed by the spread of the delta coronavirus variant, including in the key market of China, where officials are battling an …
China Traders Add to Easing Bets as Economic Prospects Dim
Listening to the chatter among China traders, the central bank is moving ever closer to another round of easing.Investors are boosting wagers on lower borrowing costs in both the rates and derivatives …
China clampdown concerns spurred record ADR trading
Market turbulence caused by Beijing’s clampdowns on its tech, education and property sectors drove trading in U.S.-listed Chinese stocks to a record high in dollar terms last month, data shows. The …
China’s Unavoidable Financial Rise
A decade ago, few economists were bullish about the growth of China’s external financial strength. But the government’s commitment to capital-market opening and renminbi internationalization – …
World Bank official: China’s market drives global growth
A World Bank official underlined recently the essential role China plays in boosting development with infrastructure investments and recognized the potential of its domestic market to drive the global …
China’s central bank injects liquidity into market in July
China’s central bank pumped cash into the money market in July to meet liquidity demand from financial institutions. A total of 100 billion yuan (about 15.47 billion U.S. dollars) was injected into …
