BEIJING – The market fears a cash crunch in late June as seasonally tight liquidity meets the mid-year macro-prudential assessment and tightening regulations in the banking sector. However, volatile market adjustments, seen in 2013 due…
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China Cord Blood Corporation Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2017
7 Depreciation and amortization expenses relate to property, plant and equipment and intangible assets respectively. Stocks you’ve viewed will appear in this box, letting you easily return to quotes you’ve seen previously. Register now to…
China Petroleum & Chemical Corporation (SNP) Downgraded by BidaskClub
China Petroleum & Chemical Corporation Major Integrated Oil … Institutional investors own 79.44% of the company’s stock. Chemical Financial Corporation earned a news impact score of 0.15 on Alpha One’s scale. The Firm operates through…
Financial regulators vow reform and innovation
and have experienced substantial changes, particularly in terms of risk management, pricing, and anti-money laundering. …financial service is a competitive industry and can benefit from opening up. China’s financial sector is going to open up…
MSCI Forgets Its Doubts About China
China has taken this as recognition of its growing economic and financial might. But the decision seemed to have almost nothing to do with the reality of China’s financial markets. For one thing, MSCI seems…
MSCI adds China to indices
Global equity index provider MSCI will add China A shares to two of its indices starting June 2018. More than 220 China A large cap stocks will be incorporated to the MSCI Emerging Markets Index,…
Zhou’s Jibe at ‘Lazy’ Banks Signals China More Open for Business
People’s Bank of China Governor Zhou Xiaochuan said China should forge ahead to further open the financial services industry, in a signal the country may allow foreign firms greater access to the market. Protecting domestic…
China’s Global Financial Integration: How Far, How Fast
China’s newly reclaimed role as the “Middle Kingdom,” showcased at a recent gathering of world leaders in Beijing to celebrate China’s “New Silk Road,” should have vanquished any lingering doubts about China’s commitment to weaving…
China freezes bank accounts of over 100 Myanmar traders
Chinese banks have frozen the accounts of more than 100 commodities traders in northeast Myanmar in a bid to clamp down on smuggling and illegal gambling, state media reported Tuesday. Myanmar’s government has been negotiating…
Protectionism hurts China’s financial sector, opening helps: PBOC’s Zhou
SHANGHAI Healthy financial institutions are a prerequisite for preventing a financial crisis, and further opening will help build a strong and competitive financial sector, China’s central bank governor Zhou Xiaochuan said on Tuesday. Speaking at…
Protectionism would compromise China’s financial sector, says PBOC governor
China’s financial services industry had benefited from opening up, and must continue to do so, said PBOC governor Healthy financial institutions are a prerequisite for preventing a financial crisis and further opening will strengthen the…
China hopes fourth time is the charm for MSCI inclusion
China’s benchmark Shanghai Composite Index has struggled this year amid a government campaign to cut risk in the financial sector and waning interest by the nation’s army of individual investors. The gauge has fallen more…
S. Korea Finance Chief Hopeful of Easing Tensions With China
South Korea’s new finance chief said he hopes China and his country can put aside their political rift to forge closer economic ties, and bring about an early end to China’s action against Korean companies…