The battlefield on which China’s Nasdaq-styled technology boards in Shanghai and Shenzhen compete for listings has expanded beyond start-ups and billion-dollar tech unicorns.The two exchanges have bee … ( read original story …)
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China Plans to Expand Digital Yuan Tests to Beijing, Hong Kong
China has outlined plans for further tests of its digital currency initiative, now aiming for trials in areas including Beijing and Hong Kong.A digital renminbi trial will start in some of the country … (…
China’s top banking regulator vows to track down errant P2P operators who still owe depositors US$115 billion
With only 29 of the more than 6,000 peer-to-peer lenders remaining, China’s banking regulator plans to ease up on the crackdown by the year-end. ( read original story …)
China will promote yuan’s internationalisation, central bank says
China will make it easier for foreign investors to use the yuan to invest in Chinese bonds and stocks as it pursues the currency’s internationalisation, the central bank said on Friday, amid rising … (…
Specialty Chemical Company China XD Plastics Announces Second Quarter 2020 Financial Results
China XD Plastics Company Limited (NASDAQ: CXDC) (“China XD,” the “Company” or “we”), one of China’s leading specialty chemical companies engaged in the development, manufacture and sale of polymer … ( read original story …)
China’s central bank may have ‘modest easing bias’ given uncertain recovery: Economist
The People’s Bank of China has become “more neutral” in its outlook and wants to ensure that China will maintain its economic recovery at a steady pace, says Mansoor Mohi-uddin from the Bank of ……
China central bank issues 30 billion yuan of offshore bills: HKMA
China’s central bank issued 30 billion yuan ($4.3 billion) of offshore bills in Hong Kong on Thursday, according to a notice published by the Hong Kong Monetary Authority. ( read original story …)
Exclusive: China pushes First Capital merger in drive to take on Wall Street
China plans to merge domestic broker First Capital Securities with smaller rival Capital Securities, three sources said, underscoring Beijing’s determination to consolidate the brokerage … ( read original story …)
China’s initial post-lockdown recovery ‘stronger than expected’: Deutsche Bank
China is likely to see several months of rapid economic recovery before falling into a period of “very sluggish growth,” says Michael Spencer at Deutsche Bank. ( read original story …)
China’s Bond Data Hint Central Bank Is Buying Government Debt
Researchers affiliated with China’s Ministry of Finance had previously suggested the central bank should buy some government debt this year, a step which could help reduce the impact on markets as the … ( read…
China Yuchai International Ltd (CYD) Q2 2020 Earnings Call Transcript
China Yuchai International Ltd Q2 2020 Earnings Call Aug 12, 2020, 8:00 a.m. ET. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. ( read original story …)
Reform and Opening Up? A Look at China’s Financial Markets
Michael Chen, Peng Qinqin, Thomas Schaffner, and Caixin’s Li Zengxin take an in-depth look at the state of China’s financial markets and which opportunities and risks the changes present. ( read original story …)
Port Logjam in Brazil Marks China’s Return to Sugar Market
Chinese demand for sugar is finally showing signs of life after Beijing ended massive import tariffs.Brazil, the largest exporter of the sweetener, has scheduled the shipment of 816,823 metric tons to … ( read original…
