Chinese leader Xi Jinping expressed support for Iran during a visit by its president as Tehran tries to expand relations with Beijing and Moscow to offset Western sanctions over its nuclear …
Tagged By banking
China banking regulator fines five firms over irregularities
BEIJING : China’s banking and insurance regulator fined five financial institutions including China Construction Bank and Standard Chartered’s China unit over irregularities in their businesses, …
Shares in a big Chinese investment bank plunge 20% after its billionaire founder goes missing
The rock star dealmaker’s vanishing comes after Chinese authorities launched an investigation into his subsidiary firm as Beijing cracks down on the tech industry.
China top tech dealmaker goes missing amid graft crackdown
Shares of the company that operates one of China’s top investment banks, China Renaissance, plunged Friday after the firm said it had lost touch with its founder Bao Fan, one of the country’s most hig…
Bao Fan: Billionaire tech banker in China reported missing
His firm’s announcement has renewed concerns of a potential Beijing crackdown on finance and tech figures. Shares in the investment firm plunged on Friday, after it told shareholders it had “been …
China’s Top Tech Banker Is Missing? Here’s What That Means
When the investment bank China Renaissance Holdings said it had lost touch with Bao Fan, its prominent founder, it sent shudders through the investment community. Many feared it’s a sign another …
Analysis-China’s Mortgage Rate Cuts Spur Prepayment Rush, Threaten Bank Earnings
It also highlights, however, how mortgage rate cuts and other measures to aid China’s faltering property sector, hit by a slump in demand and a cash crunch at major developers, ha …
PBOC Governor In Focus as Financial Leadership Reshuffle Nears
Who will lead the People’s Bank of China’s is back in focus as a leadership reshuffle at government agencies and major financial regulators nears.
China’s Top Tech Banker Goes Missing, Unnerving Finance Industry
The disappearance of high-profile banker Bao Fan is fueling speculation of a renewed clampdown on China’s finance industry.
China Poised to Appoint New Chiefs at Banking, Market Regulators
China is poised to name regulatory veterans known for their strict campaigns against financial wrongdoing as new chiefs of the country’s banking and securities watchdogs, according to a person …
China will step up financial support on logistics and transport sectors
China will provide financial support to logistics and transport sectors, including strengthening capital support on logistics and transport infrastructure and major projects, according to a jointly …
Berlin: Huanxi Media CEO Talks $600M Blockbuster ‘Full River Red,’ China’s Film Industry Recovery
The Hollywood Reporter sat down with Steven Xiang to discuss how his company so deftly handled the early days of the pandemic, producing Zhang Yimou’s biggest hit to date and the future of China’s …
Economic diplomacy: Banking on Asia is hard to escape
This long withdrawal variously reflects poor returns from Asia, new domestic oriented strategies, the bilateral tensions with China, and plans to focus on trade finance rather than on-the-ground …
