New York Representative Joseph Morelle and his wife ended up with as much as $250,000 in an account with the Bank of China last year after their broker deposited the proceeds of a stock sale.Morelle,…
Tagged By banking
Bank of America: This China ETF Looks ‘Most Attractive’
The MSCI China Index is off 8.50% over the past month and resides 26.62% below its 52-week high – a sign of a bear market. Those statistics imply investors currently lacking China exposure may be…
China Finance Online Announces Receipt of Nasdaq Delisting Notice
China Finance Online Co. Limited (“China Finance Online”, or the “Company”, “we”, “us” or “our”) (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese individual …
Is China’s financial crisis a judgement from God?
In the modern media era, we tend not to pay much attention to international affairs, and when we do, it’s generally in search of ammunition to use in domestic political battles. So you might be…
China’s central bank faces mounting calls for surprise rate cut
China’s central bank is facing mounting calls to cut interest rates as fresh coronavirus outbreaks threaten to upend the recovery in the world’s second-largest economy.
TIAN RUIXIANG Holdings Ltd Partners with Beijing Puyuan Technology Co., Ltd. to Develop Intelligent Sales and Customer Service Systems
TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the “Company”), a China-based insurance broker, announced today it has entered into a strategic cooperation agreement (the “Agreement”) with Beijing Puyuan …
Hedge Fund Winners and Losers of China’s Sudden Crackdown
A meltdown in Chinese stocks last month caught at least half a dozen Asia-based hedge fund managers flat-footed, leaving them nursing losses and pondering Xi Jinping’s next move.Franchise Capital, …
Global financial giants expand footprint in China amid further opening-up
File photo shows the entrance of the China Securities Regulatory Commission in Beijing, capital of China. (Xinhua/Li Xin) BEIJING, Aug. 13 (Xinhua) — Foreign-invested financial institutions are now …
Yuan steadies ahead of Fed minutes and Beijing’s policy signals
China’s yuan was largely flat against the dollar on Friday and looked set for a marginal weekly gain, as market participants awaited next week’s Federal Reserve minutes and Beijing’s policy signals …
China’s regulatory crackdown highlights push toward financial stability and consumer protection
Paul Lukaszewski of Aberdeen Standard Investments says China’s regulatory crackdown on the property sector, for instance, is to ensure real estate companies reduce their debt levels and maintain …
The Hedge Fund Winners and Losers of China’s Sudden Crackdown
A meltdown in Chinese stocks last month caught at least half a dozen Asia-based hedge fund managers flat-footed, leaving them nursing losses and pondering Xi Jinping’s next move.
China’s Credit Expands at Slowest Pace Since February 2020
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.China added new credit at the slowest pace since February 2020 when the nation was in the depths of the…
China’s tech giants generate billions for investors — but small businesses are being squeezed
Investors in Chinese companies have been caught off guard by Beijing’s actions against homegrown tech giants, including comments on overseas-listed shares.
