Fitch Ratings believes Chinese authorities’ policy reforms since May will reduce the financial flexibility of weak …
Tagged By banking
China’s Bond Connect program reports robust operations in June
China’s Bond Connect program saw robust activities in June, with the average daily trading volume hitting a historic high, data released by Bond Connect Co., Ltd. showed. The total monthly trading …
We are getting a bit of ‘policy dissonance’ from China: Mizuho Bank
Vishnu Varathan of Mizuho Bank talks about the challenges for China’s central bank in convincing the markets that it has a “calibrated” approach to monetary policy.
China Central Bank Official Expects Growth to Slow to 5.0%-6.0% in 4Q
China’s economic growth likely slowed to about 8.0% in the second quarter from a year earlier, and could ease to 5.0% in the last quarter of 2021, said …
Hong Kong stocks rise as China’s central bank cuts banks’ reserve ratios to boost recovery from pandemic
Hong Kong stocks rose for a second day after China’s central bank cut the amount of money commercial lenders must set aside as reserves in an effort to sustain a recovery from the pandemic. The…
China frees up $154 bln for banks to underpin economic recovery
China will cut the amount of cash that banks must hold as reserves, releasing around 1 trillion yuan ($154.19 billion) in long-term liquidity to underpin its post-COVID economic recovery that is …
China c.bank adviser says reserves cut does not indicate policy change
A decision by China’s central bank to cut the amount of cash that the country’s banks must hold as reserves was a routine liquidity operation and does not reflect a change in monetary policy, a…
China’s central bank adviser says reserves cut does not indicate policy change
Wang Yiming, a member of the People’s Bank of China’s monetary policy committee, told the PBOC-backed Financial News that the reduction in banks’ reserve requirement ratio (RRR) reflected China’s …
China’s banking sector expected to see 3 pct profit growth in Q2, Q3: report
Chinese commercial banks are likely to see their profits grow by around 3 percent in both the second and third quarters of 2021, forecast the Bank of China Research Institute in a recent report. In…
BRIEF-China Finance Online – Learned Of An Investigation Of Zhiwei Zhao, Chairman Of Board By Xicheng Branch Of Beijing Municipal Public Security Bureau
CHINA FINANCE ONLINE – LEARNED OF AN INVESTIGATION OF ZHIWEI ZHAO, CHAIRMAN OF BOARD BY XICHENG BRANCH OF BEIJING MUNICIPAL PUBLIC SECURITY BUREAU * CHINA FINANCE ONLINE CO LTD – HAS BEEN INFORMED …
China Finance Online Announcement
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 …
China’s central bank pivots to easing as growth risks build
China’s central bank cut the amount of cash most banks must hold in reserve, a move that went further than many economists had expected and suggested growing concerns about the economy’s faltering …
China Bans Construction Of Buildings Taller Than 1,640 Feet After Concerns Over Quality
China has banned the construction of the world’s highest skyscrapers which is taller than 500 meters to guarantee public safety.
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