The China stock market has finished lower in two straight sessions, plunging more than 100 points or 3 percent in that span. The Shanghai Composite Index now rests just beneath the 3,470-point plateau …
Tagged By banking
China Crackdown Wrecks Demand for Loans to Finance Overseas M&A
Chinese companies’ use of debt to pay for overseas expansion is on track to shrink to a seven-year low thanks in part to Beijing’s sweeping regulatory crackdown.
China jobs: is Beijing’s retreat from state-owned enterprise reform holding back job growth?
As China seeks to upgrade its economy, some observers are worried that state sector reform has stalled, threatening new job creation and the pace of economic growth.
Two IPOs Reveal Gen Z’s Vision of Banking
The tempo is being set by customers in their 20s and 30s who don’t care much about banks as brick-and-mortar institutions but want to consume banking online like any other service, customized to their …
Hong Kong justice minister Teresa Cheng set to travel to Beijing for talks on cross-border exchanges for legal community
Secretary for Justice Teresa Cheng is expected to ‘sign a number of cooperation arrangements … in the areas of legal, dispute resolution and deal-making services’.
China Crackdown Rocks Investors: ‘Everybody’s in the Crosshairs’
Beijing’s clampdown on the booming private education industry has shocked even some of the most seasoned China watchers, prompting a rethink of how far Xi Jinping’s Communist Party is willing to go as …
China’s surging yuan allows Beijing greater financial flexibility, creating capital markets ‘too big to ignore’
A trade weighted index looking at the value of China’s yuan climbed to a five-year high last week, and analysts expect the currency to remain at elevated levels in the foreseeable future as the …
Fitch Rates China Construction Bank’s Jianyuan 2021-9 RMBS at ‘AAA(EXP)sf’; Outlook Stable
Fitch Ratings has assigned expected ratings to Jianyuan 2021-9 Residential Mortgage Backed Securitization Trust’s …
China’s new private tutoring rules put billions of dollars at stake
China’s sweeping new rules in private tutoring has left private education firms facing a significant business impact as Beijing steps up regulatory oversight of a $120 billion industry that investors …
China Property Management Stocks Slump as Beijing Tightens Grip
Chinese property management stocks tumbled on Monday, after Beijing vowed to “notably improve order” in the market and regulate a wide range of industry activities.The Hang Seng Property Service and …
China Development Bank issues 2.85t yuan of loans in 2020
BEIJING – China Development Bank issued loans totaling 2.85 trillion yuan ($440.46 billion) last year to facilitate epidemic control and economic growth. The policy bank extended 31.5 billion yuan for …
China’s Ongoing Recovery Showed Signs of Weakness in July
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.China’s economy continued its stable pace of recovery in July, though there were some signs of weakness …
Marketmind: A China crackdown
Education stocks tumbled as Beijing’s crackdown on for-profit tutoring sent blue-chip Chinese stocks falling to their lowest level in 10 weeks. China’s property sector was also at the receiving end …
