China’s biggest lenders may depart from the usual 20-30 per cent dividend payout ratio by handing out less – or nothing – to investors this year. ( read original story …)
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China’s university cheats could lose access to mortgages and fast internet under plans to expand Beijing’s ‘Orwellian’ behavior rating system
The country plans to include cheating at university in its social credit system which determines access to transport, mortgages, and even promotions. ( read original story …)
Beijing authority gets Bytedance application for tech export licence: ministry
China’s Ministry of Commerce said the Beijing commerce authority has received ByteDance’s application for a technology export license. Ministry spokesman Gao Feng made the remarks at an online news … ( read original story …)
China stocks track Wall Street fall to post biggest drop in two weeks
China shares ended lower on Thursday, after falling the most in more than two weeks, taking cues from an overnight slump on Wall Street on renewed concerns over a coronavirus-led slowdown in global … (…
China Halts Funding for Property Sale by Li Ka-shing’s CK Asset
China’s financial regulators have instructed banks to pull credit lines meant to finance the HK$2.5 billion ($323 million) sale of a Chengdu property by CK Asset Holdings Ltd., according to people … ( read original…
China is like an asset class in itself: Bank Julius Baer
Bhaskar Laxminarayan of Bank Julius Baer says China’s growth has a slight edge over the U.S. near-term, as approval of a U.S. fiscal stimulus package remains uncertain ahead of the presidential … ( read original…
China to step up financial support for supply chains
China will step up support for key firms engaged in supply chains in advanced manufacturing, services and trade sectors, the central bank and other state agencies said in guidelines issued on Tuesday, … ( read…
Asia Currencies Decouple From China’s Yuan in Two-Speed Recovery
(Bloomberg) — Counting on China as an anchor of strength has been a good tactic for traders of Asia’s emerging currencies. That link is losing traction as recovery paths from the coronavirus pandemic … (…
China’s Unreliable Entity List gives Beijing ‘leeway’ to take punitive actions against foreign firms
The ambiguous language in China’s new Unreliable Entity List for foreign investment gives it great leeway to take punitive actions against foreign companies, analysts said. China’s Ministry of … ( read original story …)
How China has poured billions into the Caribbean by investing in ports, roads and a five-star resort in a soft power grab – as Beijing is blamed for Barbados’s calls to drop …
China has pumped at least $7billion in investment into the Caribbean in the last 15 years, official records show, and is thought to have added tens of billions more in soft loan deals and private…
UPDATE 1-China’s Yangtze Power to raise up to $3.4 bln in London listing
China Yangtze Power Co Ltd on Wednesday launched a secondary London listing to raise up to $3.4 billion, cementing a strong post-summer period for stock market listings and providing a boost for … ( read…
U.S. Investors to Get Easy ETF Access to Ant Group and China’s Nasdaq
Ant Group has passed muster for a Shanghai IPO on the STAR Market, which soon should see its first index-tracking exchange traded funds. ( read original story …)
As China Ages, a Push to Add Elevators Offers a New Kind of Economic Relief
China’s premier wants to retrofit three million older apartment buildings all over the country, but he still needs political buy-in at the top. ( read original story …)
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