China’s central bank added gold to its reserves for the fifth month in a row in April, the latest emerging market central bank to stock up on the yellow metal. The People’s Bank of China…
Tagged By banking
POLL-China April bank lending seen moderating, policy support still on track
BEIJING, May 8 (Reuters) – New bank loans in China likely pulled back in April from strong levels the previous month, but may still outpace the historical trend as the central bank keeps up efforts…
JPMorgan poised to be first foreigner to get majority in China fund venture
A move by JPMorgan towards that goal would come at a tense time in U.S.-China ties, as Chinese Vice Premier Liu He is set to continue trade negotiations with the United States that were roiled…
Slump in China Stocks Threatens to Spoil Tech Board Plan
Sentiment has soured just as China plans to open a Nasdaq-style board, expected as soon as June. After surging at the start of the year, the Shanghai Composite Index has tumbled more than 11 percent…
What Kind Of Investor Owns Most Of Beijing North Star Company Limited (HKG:588)?
Beijing North Star has a market capitalization … do not miss this free list of interesting companies, backed by strong financial data. NB: Figures in this article are calculated using data … ( read original…
Chinese fintech firms cosy up to banks as collaborators instead of disrupters they shift towards retail banking
Tighter regulations such as the 2018 asset management rule governing banks’ wealth businesses have squeezed banks’ income source, pushing them to tap the retail banking business for revenue. Early … ( read original story …)
China April exports unexpectedly fall but imports rebound as trade talks loom
China had a trade surplus of $13.84 billion in April … The swift deterioration in negotiations between the world’s two largest economies has jolted global financial markets. The Dow Jones Industrial … ( read original…
Markets got ‘way ahead of themselves’ on China trade talks
Khiem Do, head of greater China investments at global investments firm Barings, says there was “too much optimism” around the talks. “We have always had some reservations,” Do told Yahoo Finance’s … ( read original…
China’s overnight repo rate falls to four-month low on ample liquidity
The People’s Bank of China injected 10 billion yuan $1.48 billion)through seven-day reverse repos on Wednesday, bringing the net injection so far this week to 50 billion yuan. ( read original story …)
China Defaults Hit Record in 2018. 2019 Pace Is Triple That
China continues to press banks to extend credit to the private sector, and small and medium-sized companies especially. The latest move came Monday, when the central bank loosened some … ( read original story …)
Value Investing Is Back in China, Thanks to Donald Trump
Value investing is back in China, and stock pickers have Donald Trump to thank. Renewed trade threats from the U.S. president have jolted Chinese investors awake after a wild three-month party driven … ( read…
China’s overnight repo rate falls to 4-month low on ample liquidity
The People’s Bank of China injected 10 billion yuan $1.48 billion)through seven-day reverse repos on Wednesday, bringing the net injection so far this week to 50 billion yuan. ($1 = 6.7711 Chinese … ( read…
China’s financial opening-up moves ahead
Tianjin’s action to open the banking sector happened almost at the same time as the China Banking and Insurance Regulatory Commission (CBIRC) prepared to launch new measures to further open up the … ( read…
