SOS Limited, (NYSE: SOS) (formerly China Rapid Finance Limited, the “Company”) today announced it has completed the disposition of its legacy P2P business after the satisfaction or waiver of all … ( read original story…
Tagged By banking
China’s new bank loans fall more than expected but broad credit growth quickens
New bank lending in China fell more than expected in July from the previous month, but broad credit and liquidity growth quickened as the central bank sought to support a gradual economic recovery. ( read…
Tannebaum: “Banks will choose the U.S. until China gives them a reason not to”
Daniel Tannebaum, partner & Americas anti-financial crimes leader, talks growing tensions between the U.S. and China. ( read original story …)
China extends Hong Kong legislature by at least a year
Chinese lawmakers have extended the term of Hong Kong’s Legislative Council by at least a year in order to deal with the vacuum left by postponing the city’s elections, state media said Tuesday. Hong ……
Will China finally block ‘clean coal’ from the green bonds market?
If finalized, the proposal could serve as a model for harmonizing with the rest of China’s complex financial system which, despite green ambitions, still invests in the expansion of coal power. This … ( read…
UPDATE 1-China’s new bank loans in July fall more than expected to $143 bln
New bank lending in China fell more than expected in July from the previous month, but broad credit and liquidity growth quickened as the central bank sought to support a gradual economic recovery. ( read…
China July New Bank Loans Fall to 992.7 Billion Yuan, Below Forecast
Analysts polled by Reuters had predicted new yuan loans would fall to 1.20 trillion yuan in July, down from 1.81 trillion yuan in the previous month and compared with 1.06 trillion yuan a year earlier…
Xinhua Silk Road: China Liuyang releases investor-inviting cultural tourism program to sharpen city image
China’s fireworks hometown Liuyang, a city located in central China’s Hunan province, has recently released an announcement to invite global investors for the Liuyang River cultural tourism program. ( read original story …)
Macau casino stocks soar as resumption of mainland China tourist visas promises to boost battered gaming revenues
Macau casino stocks soared on Tuesday on the much-awaited resumption of mainland China tourist visas after the coronavirus left baccarat tables empty and slot machines untouched, causing a 90 per cent … ( read original…
New U.S. sanctions add uncertainty for global banks looking to tap China market
After decades of keeping the mainland financial market relatively closed to foreigners, the central Chinese government began to roll back restrictions on investment and ownership in the last two years … ( read original story…
Economic Data Puts the EUR and the U.S Dollar in Focus as U.S – China Tension Lingers
Economic data puts the EUR and the Dollar in focus as riskier assets find further support. Economic data and Trump’s executive orders remain risk positive. ( read original story …)
China’s unrelenting crackdown on Hong Kong
Monday’s arrests underscored the speed with which the former British colony’s political freedoms — including rights to assembly and freedom of the press — are being curtailed by Beijing. ( read original story …)
Total (China) Investment Partners With Alibaba to Drive Its Digital Transformation
Investment Partners with Alibaba to Drive its Digital Transformation. Customers will be able to enjoy seamless shopping experience. ( read original story …)
