China’s central bank is stretching its arms far and wide to stem convulsions in the real economy. In the process, it’s lending legitimacy to financial firms that have long operated in the shadows. … (…
Tagged By banking
China Is Missing Out on Huge Bond Rally Taking Off Globally
That’s even as the People’s Bank of China signaled its readiness to support the economy, with Governor Yi Gang saying he sees “tremendous” room to adjust policy. Authorities have also repeatedly … ( read original…
China National Gold Studies Bid for Canadian Miner Iamgold
A representative for Iamgold declined to comment. The relationship between China and Canada remains tense after the arrest of Huawei Technologies Co. Chief Financial Officer Meng Wanzhou in Vancouver … ( read original story …)
China’s infiltration of US capital markets a security concern
We can no longer allow China’s authoritarian government to reap the rewards of American and international capital markets while Chinese companies avoid financial disclosure and basic transparency, and … ( read original story …)
U.S. CEOs Meet With China’s Premier in Beijing Amid Trade Woes
Meanwhile, Beijing has clamped down on American corporations from … and will hold an “extended meeting” with him in Osaka, triggering a rally in financial markets. U.S. Trade Representative Robert … ( read original story…
China banking: long-term solutions needed
Baoshang Bank’s takeover by the PBoC happened three weeks ago. However, big banks and brokers are still desperately trying to anticipate the next Baoshang. So much so that many have started to develop … (…
China Deepens Global Finance Links As It Joins Benchmark Indexes
China is embarking on the next stage of its integration into global financial markets. In the past five years alone, foreign ownership of Chinese government bonds has quadrupled to almost 8 percent. … ( read…
China banks face liquidity squeeze in wake of Baoshang takeover
For interbank lenders, including some of China’s largest financial institutions, the treatment of Baoshang represents a sharp shift in the rules of the market. The large banks have been very reluctant … ( read original…
Did You Manage To Avoid Beijing Capital Land’s (HKG:2868) 33% Share Price Drop?
Unhappily, Beijing Capital Land had to report a 22% … and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. … ( read…
Moody’s expert says nation’s banking sector liquidity is ‘fairly adequate’
“Generally speaking, the liquidity of the Chinese banking system is fairly adequate,” said Zhu during an interview with China Daily at the Moody’s and CCXI 2019 Summit in Beijing on Tuesday. … ( read original…
Bank of China (UK) Ltd joins LCH’s SwapClear service
Global clearing house LCH announced that Bank of China (UK) Limited, Bank of China’s UK entity, has gone live as a clearing member of LCH’s SwapClear. Bank of China is LCH’s first clearing member from…
China’s Lehman Moment Is Drawing Closer
China’s central bank has acknowledged its monetary tools are insufficient. The most powerful ones are proving too blunt to drill through a hardening financial system. The country’s money markets have … ( read original story…
China’s Small Banks Turn to Exchanges for Cash as Money Markets Tighten
China’s securities watchdog has urged large non-bank financial institutions to lend in the interbank market to smaller non-bank firms to help ease any cash shortfalls. The central bank has also … ( read original story…
