China bitcoin: Inner Mongolia reinforces Beijing’s ban on mining with strict rules as more … executive director of investment and trading at Hong Kong-based cryptocurrency finance firm Babel Finance …
Tagged By banking
China stocks end lower as liquor, financial stocks weigh; post weekly loss again
China stocks ended lower on Friday, dragged down by liquor and financial firms, and posted a second straight weekly loss, while data showed the country’s broader credit growth slowed in May.
China’s watchdog tightens rules for $1 trillion cash management market
China’s banking and insurance regulator issued rules on Tuesday on wealth management products for cash, tightening oversight of the $1 trillion market.
China passes data security law as it continues to crack down on tech giants
The data security law is the latest in a series of laws in China that can affect tech firms’ use of personal data.
China’s digital currency: Beijing firms launch trials with employee salaries
China is rolling out another $6.2 million worth of its digital currency as part of an ongoing trial run. Residents in Beijing can join an online lottery through banking apps. Winners get electronic …
China credit slowdown ‘happening faster than expected’ even as bank loans rose unexpectedly in May
Banks in China extended 1.5 trillion yuan (US$235 billion) in new yuan loans in May, up from 1.47 trillion yuan in April and beating analysts’ expectations of 1.41 trillion yuan.
China stocks slide as liquor, financial firms retreat; Hong Kong up
China stocks slipped on Friday, weighed down by liquor and financial stocks, after data showed the country’s broader credit growth slowed in May. ** The CSI300 index fell 0.8% to 5,230.86 points at …
Wuhan lab row threatens US-China co-operation in science
US-China research on bat coronaviruses is going to be more important after this pandemic, not less Deborah Seligsohn, Villanova University The amount of joint research being undertaken exploded in the …
Fitch Assigns ‘AAAsf’ Final Ratings to BMW’s Bavarian Sky China 2021-2 Trust; Outlook Stable
Fitch Ratings has assigned final ratings to Bavarian Sky China 2021-2 Trust’s (BMW 2021-2) asset-backed fixed-rate no …
Beijing once again warns investors against betting on China’s red-hot residential property market
Investors were warned about severe losses arising from a potential boom and bust cycle in the sector, by Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission (CBIRC), on …
China bank loans unexpectedly rise in May, but broader credit growth slows
China’s new bank loans unexpectedly rose in May from the previous month but broader credit growth continued to slow, as the central bank seeks to contain rising debt in the world’s second-largest …
UPDATE 1-China new bank loans unexpectedly rise in May, broad credit growth slows
China’s new bank loans unexpectedly rose in May from the previous month, even as the central bank has sought to contain rising debt in the world’s second-largest economy.
China May new bank loans rise to 1.5 trln yuan, beat expectations
Chinese banks extended 1.5 trillion yuan ($234.76 billion) in new yuan loans in May, up from April and exceeding analysts’ expectations.
ADVERTISEMENT
