In just the past month, onshore stocks have added almost a trillion dollars to their market value, the Shanghai Composite Index has hit a decade-high and the CSI 300 Index has taken its advance from…
Tagged By banking
China’s yuan fixing rate hits 9-month high after dovish pivot by US Fed chair
China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level in more than nine months, as bets on rate cuts by the Federal Reserve are growing following…
US surpasses Pakistan’s close friend China in this list, even Canada, UK also struggling; India ranks at..
America 7, China 4, What does it reveal when just two giants dominate the global banking list. What is India’s position.
Evergrande delisting marks end of era for China’s property sector
Evergrande, the world’s most indebted property developer, has been officially ejected from Hong Kong’s stock exchange, bringing down the curtain on the public status of a company that embodied the …
Shanghai relaxes home-buying rules as China’s property market struggles
Shanghai, the commercial and financial hub of mainland China, has further relaxed its home purchase policy, following Beijing’s lead to rejuvenate the nation’s sluggish property market.
This Is the End of China’s Once Mightiest Property Firm
China Evergrande, set to be delisted from the Hong Kong Stock Exchange on Monday, leaves behind a giant pile of debt and long line of desperate creditors.
China’s New 30-Year Bond Draws Highest Yield Since December
China’s 30-year government bond auction fetched the highest yield since December, reflecting pressure from stronger demand for risk assets and the resumption of a tax on certain debt investments.
ING and Bank of Beijing to pump $448 million into digital banking joint …
Total investment for the JV will be 3 billion yuan ($448 million), in which ING will hold 51% and the Beijing Bank will hold a 49% stake. If approved, it will become China’s first commercial…
Pakistan plans to betray China, set to replace Beijing with Asian Bank for Railway funding, Shehbaz Sharif likely to…
According to a Reuters report, USD 6 billion of Chinese investment was planned for the revival of 1,800 kilometers (1,118 miles) of railway in Pakistan.
Bank of Beijing taps Accuity for AML
In addition, Bank of Beijing will be employing Compliance Link’s ability to screen information in its databases and transaction systems held in Chinese characters against caution lists in Chinese …
China expands into digital currencies to promote use of its ‘people’s money’
AP Business Writer CHINA has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the …
ADB to back Pak rail upgrade as China financing stalls
The ADB is in advanced talks to lead the financing of a $2 billion upgrade of a 500-km stretch of the railway line from Karachi to Rohri in the country’s south that had previously been…
China Construction Bank to Host 2025 Interim Results Presentation
China Construction Bank ( (HK:0939) ) has provided an update. China Construction Bank Corporation has announced the convening of its 2025 Interim Results Presentation, scheduled for August 29, 2025.
