After a years-long campaign to tame property prices, China is upping the ante to break a stubborn cycle of gains that’s made homes increasingly unaffordable.In recent days, China jacked up mortgage …
Tagged By banking
China Bond Bulls Unfazed as Growing Crackdowns Spook Markets
While Chinese markets might look bleak at the moment, the biggest government bond selloff of 2021 has some investors salivating at a buying opportunity.Risk aversion swept the country and spread …
Tencent, Meituan Dumped by China Traders Who Used to Buy on Dips
Chinese investors are turning against the nation’s technology giants, removing a pillar of support that helped the sector through previous market routs.Mainlanders have sold a net HK$33 billion ($4.2 …
Beijing’s Big Tech Crackdown Means a Bad Summer for Investors Everywhere
Beijing’s continuing crackdown on Big Tech will have ramifications around the world. It’s going to be a bumpy ride.
China sets yuan midpoint at weakest in over 3 months
China’s central bank on Wednesday dragged its official yuan midpoint to the weakest level in more than three months to reflect broad weakness in the spot market a day earlier following a sharp …
IMAX China Reports Half-Year 2021 Financial Results
IMAX China delivered a strong revenue rebound to US$53.4 million for the first half of 2021, up from US$6.7 million a year ago, including technology sales and maintenance revenue of US$31.7 million, …
China Bond Bulls Unfazed by Xi’s Crackdown on Capital Markets
While Chinese markets might look bleak at the moment, the biggest government bond selloff of 2021 has some investors salivating at a buying opportunity.Risk aversion swept the country and spread …
China Shares May Open Under Continued Pressure
The China stock market has finished lower in three straight sessions, plummeting more than 190 points or 5.5 percent in that span. The Shanghai Composite Index now rests just above the 3,380-point …
China Soft Ahead of Fed, Big Tech Earnings. Transports Lower
Markets are lower in afternoon trading in New York today. China fears have created uncertainty, and why we looked to short the Transports yesterday. It seems like …
Beijing Crackdown Sparks Record Slide for Chinese Stocks in U.S.
The slump in U.S.-listed Chinese shares accelerated Tuesday, wrapping up another day of losses, as investors shunned the assets amid a broad-based crackdown by regulators in Beijing.In the span of …
Rise of Digital Yuan Brings New Challenges for China Tech Giants
Tencent and Ant Group spent a decade digitizing money and payment networks. Now the government wants a larger role.
Has China quit overseas coal financing?
China did not fund any overseas coal projects in the first half of 2021, the International Institute of Green Finance said. This marks a milestone in the greening of China’s Belt and Road Initiative, …
Bank of China joins BancNet
Bank of China has ramped up its digital payments transformation journey through a partnership with interbank network operator BancNet to broaden the network of its clients and lower costs amid the …
