China’s adoption of digital payments has been astonishing. Alipay, owned and operated by Ant Financial, has more than 600 million average monthly users, an amount of people that is almost twice as … ( read…
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China Distance Education Holdings Limited Reports Financial Results for Third Quarter Fiscal Year 2019
– Third Quarter 2019 Net Revenue Up 30.2% Year-Over-Year to $61.7 Million- – Third Quarter 2019 Net Income Up 84.1% Year-Over-Year to $9.4 Million- – Third Quarter 2019 Cash Receipts from Online … ( read…
Trump’s Olive Branch Whacks China With More Tariffs
1, along with more than 3,200 other product categories. Seemingly lost amid the sighs of relief: He is continuing to escalate the trade war against China and ensuring it will drag on for months. Along…
China’s economy worsens in July: Morning Brief
The move de-escalates Trump’s trade war with China, and amounts to a tacit acknowledgement by Trump that his tariffs might hurt American consumers too much. [Yahoo Finance] Unexpected inflation jump … ( read original story…
The Finance 202: Trump contains his inner Grinch, partially delaying new China tariffs
President Trump announced Tuesday that he is ending his war on Christmas. The president’s decision to delay some tariffs on $300 billion of Chinese imports set to take effect next month may have been ……
China Jinjiang Environment reports flat 2Q earnings of $30 mil as higher cost of sales and other losses offset revenue rise
Finance costs fell 5.4% to RMB60.3 million while income tax … Co — entered into a conditional agreement for the acquisition of 29.79% of the shares in China Jinjiang Environment, to become the … (…
China Expected to Roll Over Maturing Debt Amid Economic Slowdown
Photographer: Qilai Shen/Bloomberg Photographer: Qilai Shen/Bloomberg China’s central bank will likely roll over maturing debt to ease liquidity in the financial system as the economy slows amid the … ( read original story …)
China stocks fall as bank lending disappoints; more easing expected
CSI300’s with financial sector sub-index was lower by … according to data released by the People’s Bank of China on Monday. ** Analysts expect Beijing to allow more easing to energize … ( read original…
Is Beijing Capital International Airport Company Limited (HKG:694) Potentially Undervalued?
Let’s take a look at Beijing Capital International Airport’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. Check out our … (…
Currency manipulation charges against China are unfounded
On August 6, the US Treasury department designated China as a currency manipulator, dealing a fresh blow to the world economy and global financial markets that are already grappling with multiple … ( read original…
Genworth to Sell Canada Unit to Brookfield to Ease China Deal
(Bloomberg) — Genworth Financial Inc. agreed to sell its Canadian unit to Brookfield Business Partners LP for C$2.4 billion ($1.8 billion) as it works to win regulatory approval for its acquisition … ( read original…
Yuan at right level, disorderly capital flows unlikely, People’s Bank of China official says
China’s yuan is at an appropriate level currently and two-way fluctuations in the currency will not necessarily cause disorderly capital flows, a senior official at the People’s Bank of China told … ( read original…
It’s a ‘perfect storm for China right now’: investment strategist
Matt Miskin, market strategist of John Hancock Investments, told Yahoo Finance’s On the Move, that what we’re seeing unfold is “the perfect storm for China.” “They’ve had foreign policy as an issue as … (…
