China Cord Blood Corporation (NYSE: CO) (the “Company”) today announced that it plans to release financial results for the third quarter and first nine months fiscal year 2017 on Friday, February 24, 2017, after the…
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China eases restrictions on stock index futures trading
The Shanghai-based China Financial Futures Exchange (CFFEX) announced on Feb 16 that it was easing restrictions on domestic stock index futures trading. [Photo/VCG] BEIJING – The Shanghai-based China Financial Futures Exchange (CFFEX) announced late ……
China's economy doesn't look so wonderful when you look at the really big numbers
The volatile data showed year-over-year growth of 16.4 percent when adjusted for financial transactions such as debt swaps, according to Larry Hu, chief China economist at Macquarie. That’s roughly in line with the last six…
China to avoid financial shock, hit high income status by 2027: Morgan Stanley
Morgan Stanley is bullish on China’s long-term economic outlook in its recent report, saying the country will avoid a bank crisis and surpass the World Bank’s standard of high income status by 2027 (a per…
China's overseas investment, property purchases slump as capital controls bite
BEIJING China’s non-financial outbound direct investment (ODI) slumped in January and its offshore property purchases plunged after authorities tightened restrictions on capital outflows to support the ailing yuan currency and ease pressure on the country…
Experts call for better fintech regulation in China, Hong Kong
Financial technology experts are calling for better regulations in China and Hong Kong to help the industry thrive, especially since existing laws still lag behind the pace of innovation and technology. China, which is home…
China relaxes trading rules on stock index futures
SHANGHAI Feb 16 The China Financial Futures Exchange will relax rules on stock index futures trading, it said late on Thursday. From Friday, the exchange will ease rules restricting so-called “excessive trading”, while margin requirements…
Cosmax opens new colour cosmetics facility in China
With full-scale production capabilities of 200 million cosmetics per year in China, the colour cosmetics facility in the Fengcheng District, Shanghai, China will focus on building its annual output and localisation within China. As of…
China should prudently manage deleveraging process: central bank working paper
BEIJING China should prudently manage the country’s debt deleveraging process and seek to avoid a liquidity crisis and asset bubbles, according to a central bank a working paper published on Wednesday. China should let market…
China c.bank lends $57.3 bln via MLF, rates unchanged
BEIJING Feb 15 China’s central bank said on Wednesday it lent 393.5 billion yuan ($57.30 billion) to 22 financial institutions via its medium-term lending facility (MLF). Interest rates on the MLF loans were unchanged at…
China's banks extend second most loans on record in January as central bank signals tightening
BEIJING Chinese banks extended 2.03 trillion yuan (237 billion pounds) in net new yuan loans in January, the second-highest monthly tally on record, even as the central bank tries to contain the risk from years…
On the frontline of China's spending revolution: small loans, big data
Mao Wanyuan, who helps supervise non-bank financial institutions at China’s banking regulator, told reporters in December that inclusive finance firms still lacked adequate experience to manage risk. For Home Credit and other nationally licensed consumer…
China’s lead in fintech investment an opportunity for UK firms, says report
China leads the world in capital being poured into the financial technology sector, with investment estimated to top 56 billion yuan in 2016 on strength in payments and alternative finance, according to a UK-government sponsored…
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