Chinese equities rallied by the most in ten weeks as traders turned buyers of everything from baijiu producers to construction firms on expectations of increased support for the economy.The benchmark …
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Crackdown shows China’s ready to do ‘whatever it takes’ when it sees social problems, major Asia bank says
Chinese tech and education stocks have been rocked by regulatory uncertainty in recent sessions, including some listed in the U.S.
HSBC, Union Bancaire side with China stock signals on downside while Dalio tells sceptics not to be scared after US$1.2 trillion sell-off
Regulatory crackdowns strike fears in free-market believers who expect more stock losses. Hedge fund titan and China optimist Ray Dalio tells sceptics not to misinterpret them as anti-capitalist moves …
China Evergrande boosts asset sales in bid to stave off cash crunch
China Evergrande has sold a $420m stake in a Hong Kong-listed internet business as the highly indebted property developer offloads assets in a bid to stave off financial pressures. The company said on …
China Signals Targeted Policy Support as Growth Risks Climb
China’s top leaders signaled more targeted support for the economy as they look to cushion growth in the face of resurgent pandemic risks, fueling a rally in bonds.The much-watched Politburo meeting …
China’s Elite Role in Emerging Markets Has Traders Creeping Back
A recovery in Chinese stocks following a meltdown at the start of last week underscored how investors in emerging markets have few alternatives that are as big and liquid.After ditching the Asian …
Chinese Stocks Rebound as Traders Weigh Beijing’s Latest Signals
Chinese equities rebounded from an early Monday loss and sovereign bonds rallied, as investors weighed the odds for monetary policy easing against a regulatory crackdown that has roiled markets.The …
Crackdown Shows China’s Ready to Do ‘Whatever It Takes’ to Tackle Social Issues, Major Asia Bank Says
Chinese tech and education stocks have been rocked by regulatory uncertainty in recent sessions, including some listed in the U.S.
China: Local RMB financial assets amount to USD582B
According to data from China’s central bank, local RMB financial assets managed by foreign entities amounted to 3.76 trillion yuan (about USD582 billi …
A Cash-Strapped Corner of China Finds a Financial Tonic—Hard Liquor
The rise of China’s biggest liquor company, Kweichow Moutai, has been a gift for the indebted province that is the company’s majority shareholder. “There is a lot of pressure to share the joy in …
China’s inclusive finance loans rise in H1
China’s inclusive finance loans expanded by 3.26 trillion yuan (503.86 billion yuan) in the first half of the year, 832.4 billion yuan more than the same period last year, the People’s Bank of China …
China’s central bank adds heat to fintech crackdown
China’s central bank has urged further “rectification” of the country’s fintech sector, adding more pressure to tech groups besieged by intensifying regulatory scrutiny. The latest warning from …
China Central Bank Cracking Down on Cryptocurrency Trading
Chinese government officials are announcing plans to continue a crackdown on cryptocurrency trading and speculation. What happened: In a statement released on Saturday, the People’s Bank of China says …
