Paul Chan says the coronavirus pandemic is being effectively contained and the city’s economy is gradually recovering.
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China central bank says it will promote healthy development of property market
China’s central bank said on Saturday it will safeguard the legal rights of home buyers and better satisfy their reasonable living needs, vowing to promote healthy development of the country’s real …
China’s central bank says to promote healthy development of property market
The statement from the People’s Bank of China (PBOC), made following its fourth-quarter monetary policy committee meeting, is the latest sign that Chi..
China to keep macro leverage stable, build up economic resilience: central bank
China will keep the macro leverage stable and increase support for the real economy with a flexible monetary policy, in order to maintain adequate levels of liquidity as well as enhancing the …
China’s top real estate regulator vows to tackle property delivery risks – Xinhua
China’s top real estate regulator vowed to resolutely tackle risks stemming from overdue delivery of residential properties by some top developers in a bid to maintain social stability, the official …
China’s offshore listing rules seen easing market uncertainty
China’s plan to tighten scrutiny over mainland companies’ overseas share sales is likely to ease the regulatory uncertainty that roiled financial markets this year and stalled offshore listings, …
UPDATE 1-China’s offshore listing rules seen easing market uncertainty
China’s plan to tighten scrutiny over mainland companies’ overseas share sales is likely to ease the regulatory uncertainty that roiled financial markets this year and stalled offshore listings, …
China to build financial center in western region to boost Belt and Road cooperation
China announced a plan on Friday to build a financial center in the country’s southwestern Chengdu-Chongqing area by 2025, a move an expert said will attract Belt and Road financial service facilities …
China’s bond market sees 6.34-trln-yuan issuance in November
The total bond issuance in China stood at 6.34 trillion yuan (about 1 trillion U.S. dollars) in November, data from the central bank showed. The issuance of treasury bonds reached 669.76 billion yuan, …
China’s offshore listing rules should reduce market uncertainty
China’s plan to tighten scrutiny over mainland companies’ offshore share sales should help reduce the regulatory uncertainty that roiled financial markets this year and stalled offshore listings, …
Jack Ma’s Ant Boosts Consumer-Finance Unit With $3.5 Billion Fundraising
The biggest chunk of outside funding comes from a powerful state-owned institution, Cinda, which is taking a 20% stake in the consumer-finance business.
Ant’s consumer finance unit to boost its capital to US$4.7 billion
The consumer finance unit of China’s Ant Group will boost the company’s capital to 30 billion yuan (US$4.71 billion) from 8 billion yuan, and introduce 4 new strategic investors, an exchange filing …
China Cinda Buys 20% Stake in Ant’s Consumer Finance Unit
Ant Group’s consumer finance unit will receive 22 billion yuan ($3.5 billion) fresh funding from a group of investors including one of China’s state-owned asset managers. China Cinda Asset Management …
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