Just 14.8 per cent of respondents in a consumer survey by the People’s Bank of China believe home prices could rise in the fourth quarter of this year ‘Developers and homeowners may have to mark…
Tagged By banking
China CDS Hit Highest in More Than Five Years – S&P Global Market Intelligence
The cost of insuring exposure to China’s sovereign debt rose to the highest level since January 2017 on Tuesday, data from S&P Global Market Intelligence showed. China’s five-year credit defaults …
HSBC extends Chinese private banking network to lure new digital millionaires
HSBC Global Private Banking has launched its business in the large Chinese cities of Chengdu and Hangzhou, it said on Tuesday, to try to capture a bigger share of the local market as uncertainties …
China’s Central Bank, European Central Bank renew currency swap deal
… People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China. Image Credit: Reuters Beijing: China’s central bank on Monday said that it has …
HSBC expands China private banking network, adds two new branches
HSBC Global Private Banking said on Tuesday it has opened two new branches in the large Chinese cities of Chengdu and Hangzhou, in a push to capture a bigger share of China’s wealth market.The bank…
China outshines regional peers for investment banking fees amid slumping markets, economic downturn
Investment bankers raked in US$15.44 billion of fees from China, down 9 per cent from the same period of 2021, according to Refinitiv That was still better than an overall 11 per cent decline in…
As the China divestment movement grows, don’t forget passive investments
When more than 150 American universities divested their assets from South Africa in the 1970s and 1980s, they led the way for a global pressure campaign that helped end apartheid.
China’s third-quarter GDP growth projected at 3.5 per cent amid ‘inescapable’ economic pressure
On average, economists expect that China’s economy grew by 3.5 per cent during the year’s third quarter, and they say more must be done to restore market confidence China must strive to avoid …
China bashes Biden crackdown on chip tech exports as economic rivalry intensifies
China condemned the United States’s decision to restrict the sale of semiconductor components, the latest escalation in the two countries’ rivalry in economic power and technological capabilities.
China lauds Elon Musk’s suggestion that Taiwan become a ‘special administrative zone’
Musk, whose geopolitical musings have drawn widespread criticism in recent days, argued that Taiwan should cede control to the Chinese Communist Party in Beijing to avoid a broader conflict tha “My …
Chinese chip stocks plunge in Hong Kong as new US export controls look set to crimp Beijing’s tech development
China’s biggest chipmaker falls almost 4% thanks to fears new export controls will cut China off from semiconductors made with US tools.
Chinese chip stocks plunge in Hong Kong as new US export controls look set to crimp Beijing’s tech development
China’s biggest chipmaker falls almost 4% thanks to fears new export controls will cut China off from semiconductors made with US tools.
The Big Take: Why Goldman Sachs Is Restructuring Its Consumer Bank Marcus
David Solomon, the chief executive officer of Goldman Sachs Group Inc., jumped on a flight to go meet Reese Witherspoon.
