China will support subsidiaries of commercial banks which have investment functions, insurers and trust companies to set up venture capital funds and government-backed industry investment funds to …
Tagged By finance
China easing rules for US business travellers, approvals in 10 days
China will reduce the time needed for approval of travel by U.S. business executives to no more than 10 days, China’s ambassador to the United States, Qin Gang, said on Thursday, promising to turn “an…
SINOVAC Beijing Settled Litigation of Its Business License and Seals
SINOVAC Biotech Ltd. (NASDAQ: SVA) (“SINOVAC” or the “Company”), a leading provider of biopharmaceutical products in China, announced the Company’s subsidiary SINOVAC Biotech Co., Ltd (“SINOVAC …
China’s Asymchem Said to Guide Listing Price at HK$388
Chinese drug manufacturer Asymchem Laboratories Tianjin Co. is telling prospective investors it plans to price its Hong Kong listing at HK$388 per share, according to people familiar with the matter.
Didi bows to China regulatory pressure, will delist from NYSE
The company’s shares were down around 15% after swinging between gains and losses in premarket trading as investors initially bet the move would appease Beijing and serve as a catalyst for a revival o …
China Will Cut Reserve Ratios in Timely Way -State Media Quotes Premier
China will cut banks’ reserve requirement ratios (RRR) in a timely way to help safeguard economic stability, state media on Friday quoted Premier Li Keqiang as saying. China will implement steady …
Shineco, Inc. Intends to Acquire a Controlling Interest of Xiang Peng You Kang (Beijing) Technology Co., Ltd., a Healthcare Services Company
As a Preemptive Action to Develop Comprehensive Medical and Healthcare Services BEIJING, Dec. 03, 2021 (GLOBE NEWSWIRE) — (“Shineco” or the “Company”; NASDAQ: SISI), a producer and distributor of …
China’s Top Anti-Graft Watchdog Probing Shanghai Head of Banking and Insurance Regulator
China’s top anti-corruption watchdog said it is investigating the head of the Shanghai office of the China Banking and Insurance Regulatory Commission, Han Yi, over serious violations of party …
China’s Kaisa offer to extend maturity on $400 mln offshore bond lapses
Chinese property developer Kaisa Group Holdings Ltd has begun talks with some of its offshore bondholders over extending the deadline for a $400 million debt repayment due next week, two sources with …
China unveils pilot wealth management products for retirement savings
The first batch of pilot wealth management products aimed at retail investors looking to boost their retirement savings has been unveiled on Friday, according to China’s top banking regulator.
KraneShares China Onshore Equity UCITS ETF First to Track MSCI China A 50 Connect Index, Ticker: KA50
Krane Funds Advisors, LLC, (“KraneShares”), an asset management firm known for its global exchange-traded funds (ETFs) and …
China Report ASEAN: PowerChina: Building CPEC the Green Way
This is reported by China Report ASEAN affiliated to China Report: Power Construction Corporation of China, or PowerChina, is one of the world’s largest constructor and investor with the most …
Citigroup applies for China securities license – WSJ
Citigroup Inc has applied for a securities license in China as the New York-based bank eyes a bigger presence in the world’s second largest economy, the Wall Street Journal reported on Friday.
