The financial troubles of China’s most indebted property developer, China Evergrande Group, have raised fresh concerns about credit defaults in the country’s highly-leveraged real estate sector and …
Tagged By finance
China’s state media moves to reassure rattled investors after rout wiped US$574 billion off stock market
China’s state media are on a mission to talk up the battered stock market and reassure rattled investors after a rout on Monday that erased more than US$570 billion from Chinese stocks listed at home…
INSIGHTS | Meet China’s three major tech regulators
Who’s behind China’s ongoing tech crackdowns? TechNode helps you get to know the country’s main tech regulators with our handy guide.
China Avoids Coal Projects in Belt and Road for First Time
China didn’t finance any coal projects via its Belt and Road Initiative in the first half, the first time that’s happened since the plan was launched in 2013, the International Institute of Green …
China stocks see biggest slump in US since 2008 financial crisis
Shares of Chinese companies listed in the US have seen their biggest two-day fall since the 2008 financial crisis. The Nasdaq Golden Dragon China Index, which follows the 98 biggest US-listed Chinese …
China Bank Wants Digital Yuan To Dominate Alipay And WeChat Pay
The People’s Bank of China wants Ant Group and Tencent Holdings Ltd., which operate payment networks Alipay and WeChat Pay, to help it develop digital yuan.
Two IPOs, including Paytm to reveal Gen Z’s vision of banking
Paytm handled 4 trillion rupees ($54 billion) worth of payments to merchants last year.PhonePe and Google Pay wallets handled $35 billion and $28 billion in transactions last month, respectively. The …
China Stock Market Due For Support On Tuesday
The China stock market has finished lower in two straight sessions, plunging more than 100 points or 3 percent in that span. The Shanghai Composite Index now rests just beneath the 3,470-point plateau …
China Crackdown Wrecks Demand for Loans to Finance Overseas M&A
Chinese companies’ use of debt to pay for overseas expansion is on track to shrink to a seven-year low thanks in part to Beijing’s sweeping regulatory crackdown.
China jobs: is Beijing’s retreat from state-owned enterprise reform holding back job growth?
As China seeks to upgrade its economy, some observers are worried that state sector reform has stalled, threatening new job creation and the pace of economic growth.
Two IPOs Reveal Gen Z’s Vision of Banking
The tempo is being set by customers in their 20s and 30s who don’t care much about banks as brick-and-mortar institutions but want to consume banking online like any other service, customized to their …
Hong Kong justice minister Teresa Cheng set to travel to Beijing for talks on cross-border exchanges for legal community
Secretary for Justice Teresa Cheng is expected to ‘sign a number of cooperation arrangements … in the areas of legal, dispute resolution and deal-making services’.
China Crackdown Rocks Investors: ‘Everybody’s in the Crosshairs’
Beijing’s clampdown on the booming private education industry has shocked even some of the most seasoned China watchers, prompting a rethink of how far Xi Jinping’s Communist Party is willing to go as …
