First off, there’s profitability. In its most recent earnings release for Q1 2019, HSBC beat net profit estimates with an increase of nearly 40% year-on-year to US$4.1 billion. The company largely … ( read original…
Tagged By banking
China Bank looks to raise up to P20B from LTNCDs
CHINA BANKING Corp. (China Bank) will raise up to P20 billion through the issuance of long-term negotiable certificates of deposit (LTNCD) to support asset generation and expansion. In a disclosure to … ( read original…
Beijing tightens its grip on the periphery
Mass protests on the streets of Hong Kong might suggest Beijing’s grip on its peripheral territories is slipping. On Monday, protesters smashed their way into the city’s legislative building, … ( read original story …)
Taiwan tech firms set to join exodus from China amid trade war, says Citibank research
labour intensive industries have already moved out of China. Citibank was recently judged by FinanceAsia as the best international bank in Taiwan. The Trump administration has imposed 25 per cent … ( read original story…
How Is China’s Economy Doing?
As with any economy, central bank policy is very important in China. CEO Jan van Eck and Economist Natalia Gurushina discuss the state of China’s economy and highlight two key charts for … ( read…
Picking China’s Bond Bailout Winners Can Net 30% Returns in Weeks
Read more: Why China’s Bonds Are Defaulting at a Record Pace … citing “the assistance from city and county governments and financial regulators.”The government of Dongying city took the lead in … ( read original…
UPDATE 1-China’s June new loans over 990 bln yuan, dip from May
vice chairman of the China Banking and Insurance Regulatory Commission (CBIRC), told a media briefing on Thursday. Chinese banks extended 1.18 trillion yuan in net new yuan loans in May, bringing … ( read original…
Should You Be Concerned About Beijing Urban Construction Design & Development Group Co., Limited’s (HKG:1599) Historical Volatility?
we also need to consider important company-specific fundamentals such as Beijing Urban Construction Design & Development Group’s financial health and performance track record. I urge you to … ( read original story …)
Geopolitics and the Asian Infrastructure Investment Bank
In June 2015, the creation of the Asian Infrastructure Investment Bank (AIIB) was agreed to by representatives of 50 countries in Beijing, China. The Bank started operating in January 2016 and its … ( read…
China’s state insurance fund to take over Baoshang NCDs from July 8 – sources
SHANGHAI/BEIJING, July 4 (Reuters) – China’s state-backed deposit insurance fund will start taking over Baoshang Bank’s interbank debts from July 8, three sources familiar with the matter told Reuters … ( read original story …)
China says existing U.S. tariffs must be removed for a trade deal
BEIJING (Reuters) – Existing U.S. tariffs will have to be removed if there is to be a trade deal between Beijing and Washington, China’s commerce ministry said on Thursday. The leaders of the two ……
China Considers Buying Some U.S. Farm Products to Show Goodwill
(Bloomberg) — Sign up for Next China, a weekly email on where the nation stands now and where it’s going next. China is considering buying some U.S. agricultural products as a gesture of goodwill ……
Duterte wants discussion on Recto Bank incident in next meetings with China
MANILA, Philippines — President Rodrigo Duterte told his Cabinet members that he wants to bring up the collision of a Filipino fishing boat and a Chinese trawler in the West Philippine Sea in … (…
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