The People’s Bank of China, the country’s central bank, released a development plan on Tuesday for the fintech industry between 2022 and 2025. Data-driven, smart, people-oriented, low-carbon, fair and …
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IGM Financial To Buy Power Corp. Of Canada’s 13.9% Stake In China Asset Management For C$1.15 Bln
IGM Financial Inc. (IGM.TO) said that its subsidiary Mackenzie Financial agreed to acquire Power Corporation of Canada’s (POW.TO) or …
Power Corporation Group of Companies Consolidates Interest in China Asset Management Co., Ltd. Under IGM Financial
Under the agreement, Power will sell its 13.9% ownership stake to Mackenzie Financial Corporation, a wholly owned subsidiary of IGM, for aggregate consideration of $1.15 …
Evergrande asks bondholders to postpone repayment
A troubled Chinese real estate developer with $310 billion of debt is asking investors in one of its bonds to postpone when they will be repaid.
‘China is Uninvestable,’ Says Renowned Bond Investor Gundlach
Jeffrey Gundlach says he has never invested in China. ‘I think that investments in China could be confiscated,’ he said.
Digital E-Yuan To Be Formally Launched In Beijing Winter Olympics, Bitcoin Flat
Bitcoin seems to be holding its support price at $46,000 and currently trading at $46,324.72, up by 0.4 per cent, China launches e-yuan wallet, read more about it here.
The China Initiative’s chilling effect on academic freedom
Critics say that the Department of Justice’s China Initiative has been ineffective and prone to racial profiling.
HSBC to Sell 39% Stake of Its China Brokerage Joint Venture Partner
HSBC Holdings plc announced plans to sell a majority of its stake in a China securities brokerage joint venture company.
Is China’s ‘Debt-Trap Diplomacy’ in Greenland Simply on Ice?
Should Greeland continue to move toward independence, the cash-strapped territory would be at high risk of falling prey to Chinese investments that seek to gain influence.
KraneShares KBA First ETF to Track MSCI China A 50 Index in the US
Krane Funds Advisors, LLC, (“KraneShares”), an asset management firm known for its China-focused exchange-traded funds (ETFs) and innovative investment strategies, announced that KBA now tracks the …
China Mobile surges on Shanghai debut, shrugging off US delisting
Staff members of China Mobile test the signals of the 5G base station built at an altitude of 6,500 meters at the advance camp of Mount Qomolangma in southwest China’s Tibet Autonomous Region on May…
Dunxin Financial Holdings Limited Announces Results of 2021 Annual General Meeting of Shareholders
PRNewswire/ — (“Dunxin” or the “Company”) (NYSE American: DXF), a licensed microfinance lender serving individuals and small and medium enterprises (“SMEs”) in Hubei Province, China, today announced …
China Stock Connect: Expanding Shanghai-London Program to Germany and Switzerland
The China Stock Connect program may expand to include Germany and Switzerland. We explain what the program is and what the new proposal says.
