China Finance Online Co. Limited (NASDAQ:JRJC) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $7.53 and traded as ……
Tagged By banking
China’s c.bank says it won’t be hasty with policy changes
China’s central bank will consider policy changes as the economy recovers, but it will not make hasty moves and any shifts would be based on accurate economic assessments, a vice governor of the … (…
Deutsche Bank Raids Standard Chartered Team in China Wealth Push
Deutsche Bank AG has added nine Standard Chartered Plc bankers to its team servicing wealthy clients in China and Hong Kong, according to a person familiar with the matter, continuing a raid on its ……
China On The Rise
China ADRs are especially showing relative strength. Investors seem to think the next president will be favorable for China. The U.S. elections are over, and while the office of president hasn’t yet … ( read…
China stocks rake in $1.7 bln in portfolio flows after U.S. election
Chinese equities attracted foreign portfolio flows of $1.7 billion the day after the U.S. presidential election – one of the biggest daily inflows this year, data from the International Institute of … ( read original…
Beijing Wants to Treat Ant Like a Bank and Its Value Hangs in the Balance
A growing regulatory assault on Ant is forcing a reassessment of how much the fintech giant is worth and whether the company’s growth will be crimped by Beijing in the years ahead. ( read original…
China’s central banker remind the global markets that the yuan’s challenge to the US dollar is still very much on
Success in the yuan’s internationalisation would give Chinese policymakers some things they’ve long dreamed about: the use of the renminbi as a global reserve currency and a challenge to the US dollar … ( read…
Green financing to help drive China’s 2060 push for carbon neutrality
Sustainable financing is becoming ‘more mainstream’ and ‘more common’ in investment portfolios, according to panellists at the Post’s Asia Sustainability Conference. ( read original story …)
China Considers 5% Annual GDP Growth Target for Next Five Years: Sources
China’s policymakers are close to setting an average annual economic growth target of around 5% for the next five years, at the lower end of ranges previously considered as global risks cloud the … (…
Beijing’s anxiety results in suspension of Ant Group’s $34.5B stock offering
Regulators suspended Ant Group’s record-setting $34.5 billion stock offering two days before trading was due to start in order to “maintain the stability of the capital market a … ( read original story …)
Ant Group fiasco reflects battle for China’s financial soul
China’s last-minute abandonment of Ant Group’s record-breaking IPO stems from an intensifying battle for the soul of the nation’s financial system that the fintech giant and its charismatic leader … ( read original story …)
China-US rivalry: Beijing banking on ‘disruptive technologies’ for a military edge, observers say
Speeding up the development of ‘strategic forward-looking disruptive technologies’ is a focus of the country’s latest five-year plan. ( read original story …)
Debut of Chinese e-finance giant derailed by fear of risks
The world’s biggest online finance company was racing toward a stock market debut when it was derailed by Beijing’s anxiety about risks in the fledgling industry, jarring global investors and … ( read original story…
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