China’s finance minister Liu Kun said at a news conference in Beijing on Friday that the country will make no sharp turn in fiscal policy in the second half of 2021.
Tagged By banking
China tech stocks suffer worst month since global financial crisis
Chinese technology stocks listed in the US are set for their worst month since the global financial crisis after global investors dumped shares following a regulatory crackdown by Beijing. The Nasdaq …
China Stocks Slip as Traders Price a New Reality in Wild Week
Chinese stocks fell on Friday, rounding off a volatile week for investors struggling to price in Beijing’s tightening regulatory grip after a rout pushed the nation’s key equity index to the brink of …
IMAX China releases half-year financial results
IMAX China Holding Inc had also approved of an interim dividend of approximately $9.7 million at $0.028 per share, up from $7 million historically on an increased payout ratio of 50 percent. “Our …
Financial Times perspective: How China is crushing its capitalists
“Education sector groups like Gaotu Techedu desperately restructure business models after regulatory assault,” writes Financial Times.
JPMorgan Private Bank Raymond Cheng on China A-shares
JPMorgan Private Bank Head of Asia Equity Strategy Raymond Cheng discusses why Chinese A-shares are among his top convictions calls. Cheng speaks with Yvonne Man and David Ingles on ‘: Asia’. (Source: …
China asks trust firms to clean up non-finance units and businesses
China’s banking and insurance regulator issued rules on Friday requiring the country’s trust firms to clean up their non-finance subsidiaries and businesses.
Watch live: Beijing forum probes China’s role in post-pandemic world
Sessions will include a panel discussion on how China can reshape its external narrative in the face of global challenges.
China’s Factories Will Likely Show Country’s Recovery Is Stable
China’s factory conditions likely stabilized in July, implying a more steady recovery in the economy in the second half of the year as growth risks mount. The official manufacturing purchasing …
WeBank Wins 4 Awards at The Asian Banker China Awards 2021 for Digital Financial Inclusion Achievements
WeBank, the world’s leading digital bank and the first digital-only bank in China, participated in the Finance China 2021 Conference in conjunction with The Asian Banker China Awards 2021 held in …
China Bank’s net income up 39% in first semester
CHINA BANKING CORP. (China Bank) saw its net income climb 39% in the first half on the back of the strong performance of its core businesses.
China Bank income jumps 39% to P7.3 billion
China Banking Corp. booked a 39 percent jump in earnings to P7.3 billion in the first semester from P5.2 billion in the same period last year, despite a double digit increase in its provision for…
How China Played American Investors
Shares tumbled this week as investors wondered what they really own when they buy Chinese stocks.
