China’s banking and insurance regulator said on Thursday it has approved the opening of China Galaxy Asset Management Co., Ltd, the fifth asset management company that mainly deals with bad loans and … ( read…
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China to Provide Financial Support to Key Foreign Companies
China’s government said it will provide financial support to some foreign companies to help them offset the impact of the pandemic and resolve funding difficulties, part of its efforts to improve the … ( read…
China’s blue-chip index extends gains on healthcare, financials boost
China’s blue-chip index ended higher for the fourth straight session on Thursday, powered by healthcare, consumer staples and financials sectors, on investor optimism over swift recovery in the … ( read original story …)
China says to share lunar samples with other countries
China will share data and samples from the moon obtained by its Chang’e 5 probe on the basis of international conventions though “unfortunate” U.S. restrictions on cooperation might prevent it getting … ( read original…
China’s finance ministry to issue preferential tax policies for chip, software sectors
China’s Ministry of Finance announced on Thursday it would issue preferential tax policies for semiconductor and software industries. (Reporting by Josh Horwitz and Lusha Zhang; Editing by Jacqueline … ( read original story …)
How one think tank is helping step up green finance initiatives in China
China has made headlines for green finance efforts toward an “ecological civilization” to address development and environmental objectives. ( read original story …)
China’s Luckin Coffee to pay $180 million fine in fraud case
China’s Luckin Coffee has agreed to pay a $180 million penalty to settle accounting fraud charges, the Securities and Exchange Commission says. The SEC charged the company with … ( read original story …)
Australia’s ‘amateurish’ China diplomacy sets alarm bells ringing
But Prime Minister Scott Morrison’s furious reaction to a tweet by a Chinese diplomat and Beijing’s imposition of trade sanctions on Australian products have caused disquiet about the handling of … ( read original story…
China Distance Education Holdings Limited Reports Financial Results for Fourth Quarter and Fiscal Year 2020
Stock quotes by finanzen.net – Fourth Quarter 2020 Net Revenue was $65.5 Million, Exceeding Guidance – -Fourth Quarter 2020 Gross Profit was $36.7 Million, with Gross Margin of 56.0% – – Fourth … ( read…
U.S. trade czar Lighthizer’s advice for Biden on China: ‘Hold their feet to the fire’
“I think in some parts they (China) have done a reasonably good job, in other parts they haven’t,” U.S. Trade Representative Robert Lighthizer told Reuters. ( read original story …)
Inside the Cutthroat World of China Mutual Fund Livestreaming
For foreign companies trying to break into, or win, a bigger slice of the market as China opens its financial sector, it can be an alien and at times bizarre environment. Funds ba … (…
MSCI Joins Others in Dropping Some China Stocks From Its Indexes After Trump Order
MSCI will join two other market index producers and remove stocks of seven Chinese companies flagged by the U.S. from some of its global benchmarks. ( read original story …)
China reassures public of ‘balanced’ coal supply for winter as provinces cut back power to factories
Strong winter demand, buoyant industrial activity and import restrictions have caused coal prices to skyrocket in China, but Beijing says there is sufficient supply for winter. ( read original story …)
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