“We must design a business model that can cover the potential loss in supporting scientific and technological innovation enterprises,” he wrote in an article published on Tuesday by China Finance 40.
Tagged By banking
Bank Failure a Headache for China’s Tech Sector
It’s not clear where Chinese firms will move their money now that their ‘go-to’ tech bank collapsed. Asian markets breathed the sigh of a relief rally on Wednesday, as the fallout from the failure of…
Oil rises on China demand hopes, fading bank crisis fears
Oil rose almost 1% on Wednesday, after hitting a three-month low in the previous session, as Chinese economic data bolstered hopes for a demand recovery and concern in the wider markets eased of a …
China’s 2023 economic growth target ‘achievable’ with potential for upside, says UBS strategist
China’s 2023 economic growth target of around 5 percent unveiled at the two sessions is attainable, with potential for upside as the world’s second-largest economy stages a steady recovery, an analyst …
China’s top bank vows to counter US ‘containment’
The People’s Bank of China has pledged to improve the financial system after the collapse of SVB that shook the market. (Wiki/Max12) BEIJING: The People’s Bank of China said it will respond in an …
SVB collapse offers lesson for China: State media
The collapse of Silicon Valley Bank (SVB) will not affect China’s financial system but offers an important lesson for the country’s banking industry, the official Securities Times has said. An …
China central bank ramps up fund injection via medium-term policy loans
China’s central bank ramped up liquidity injections when rolling over maturing medium-term policy loans for a fourth month in a row on Wednesday, while keeping the interest rate unchanged, matching …
SVB failure offers lesson for China’s banking sector
SHANGHAI: The collapse of Silicon Valley Bank (SVB) will not impact China’s financial system but offers an important lesson for the country’s banking industry, the official Securities Times said in an …
China central bank ramps up fund injection via medium-term policy loans, keeps rate unchanged
The People’s Bank of China said it was keeping the rate on 481 billion yuan ($70.03 billion) worth of one-year medium-term lending facility loans to some financial institutions at 2.75%, unchanged …
China central bank ramps up fund injection via medium-term policy loans, rate unchanged
SHANGHAI, March 15 (Reuters) – China’s central bank ramped up liquidity injections when rolling over maturing medium-term policy loans for a fourth month in a row on Wednesday, while keeping the …
China’s $740 Billion Offshore Credit Market Rally Stalls Just as Restructuring Heats Up
Meanwhile, local officials have been working to bolster sentiment for onshore bonds issued by government-linked borrowers amid some concern about debt risks in that portion of China’s credit market. A …
SVB failure offers lesson for China – state media
SHANGHAI/HONG KONG (Reuters) – The collapse of Silicon Valley Bank (SVB) will not impact China’s financial system but offers an important lesson for the country’s banking industry, the official …
HSBC boss after SVB acquisition: You can bank on us
With global markets still reeling from the failure of Silicon Valley bank, we hear from the CEO of HSBC who bought the UK arm for £1 on Monday. BBC Beijing correspondent Stephen McDonnell reports from…