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Tagged By banking
China tightens security around Tiananmen on anniversary of crackdown
Financial information provider Refinitiv, under pressure from China’s government, has removed from its Eikon terminal Reuters news stories related to the 30th anniversary of the Tiananmen crackdown. … ( read original story …)
Private banking enters a golden age
An employee stands next to billboards of China Minsheng Banking Corp Ltd’s private banking service during a financial expo in Beijing. [Photo provided to China Daily] Sector evolves rapidly as high … ( read original…
China International Capital Corporation Expands U.S. Investment Banking Advisory Business
NEW YORK, June 3, 2019 /CNW/ — CICC US Securities, the US broker dealer of China International Capital Corporation (“CICC”), announced today that it is expanding its strategic advisory business with … ( read original…
How China can hurt the U.S. beyond imposing tariffs
Soybean orders from China have fallen off the cliff by 98% in 2018, and farmers’ income dropped in the first quarter this year — the most in three years. Beijing is hoping to pressure Trump’s…
FedEx Drops as China Opens Probe Amid Escalating U.S. Spat
(Bloomberg) — FedEx Corp. fell as investors assessed the impact of a Chinese probe that puts the delivery company in the middle of an escalating trade conflict with the U.S. China said Saturday that ……
The Finance 202: Five ways Trump’s Mexican tariffs could damage his agenda
“Many products made in China, from cosmetics to digital cameras … Reacting to the surprise announcement last week, Senate Finance Committee Chairman Charles E. Grassley of Iowa said the tariffs … ( read original story…
Post-Baoshang Takeover, China Aims To Reassure Investors
China’s Central Bank said over the weekend that there won’t be any more takeover of banks after the government’s intervention with Baoshang Bank, an Inner Mongolia-based bank. According to a report in … ( read…
Is Now The Time To Put Beijing North Star (HKG:588) On Your Watchlist?
So if you’re like me, you might be more interested in profitable, growing companies, like Beijing North Star (HKG:588). Now, I’m not saying that the stock is necessarily undervalued today … ( read original story…
Asian markets wobble as US, China trade jibes over trade
China’s Shanghai Composite lost 0.5% to 2,884.54 after surveys showed a deteriorating manufacturing outlook in May. Japan’s Nikkei 225 index lost 1.3% by midday to 20,343.52, and Hong Kong’s Hang Seng … ( read original…
With credit risks escalating, China’s banking cleanup needs a bigger mop
China’s banking cleanup has moved into a fresh phase with the seizure of a small city-commercial lender. It’s far from clear that regulators have the right supplies to finish the job. The central bank ……
China Has Whole Towns Focused Entirely on Making Electric Cars
(Bloomberg) — Sign up for Next China, a weekly email on where the nation stands now and where it’s going next. Pieces of an electric car hang from the ceiling of a Chinese real-estate developer’s…
Too Many Unknowns Leave China Traders With No Clue on Stocks
(Bloomberg) — Sign up for Next China, a weekly email on where the nation stands now and where it’s going next. How to put a price on a full-blown trade war has emerged as the…