Ping An Insurance Group Co (2318.HK) has increased its stake in Britain’s HSBC Holdings Plc (HSBA.L), making the Chinese insurer the company’s biggest shareholder with a 8% share. A unit of the … ( read…
Tagged By finance
‘Class war’: Trump adviser Navarro says it’s factory workers vs. finance, entertainment, tech — and NBA — on China
President Trump’s senior adviser says there’s a ‘class war’ between factory workers and more successful parts of the economy. ( read original story …)
China fines Luckin Coffee and more than 40 linked firms a total of $9 million
China’s markets regulator said on Tuesday it has fined a group of 45 firms including Luckin Coffee a combined 61 million yuan ($8.98 million) for acts linked to Luckin’s falsification of financial … ( read…
China Is Carrying a Small Stick
There’s a reason it hasn’t followed through on so many of its blistering threats of economic retaliation against the U.S. ( read original story …)
China Expands Investment Scope for Foreign Investors Under Combined Scheme
China moved to further ease foreign access to its capital markets on Friday, officially combining two major inbound investment schemes and broadening the scope for foreign institutional investment. ( read original story …)
TOM TUGENDHAT MP: Beijing wants to do with loans what the Soviet Union failed to achieve with tanks
Around the world, the Communist rulers of China are planting flags with the speed of a Victorian adventurer claiming lands and seas that others once thought their own. ( read original story …)
Why US won’t ‘decouple’ from China in finance
Does the United States really want to decouple from China in the financial industry? Presumably, the answer is “No”. The US administration’s recent actions against short video-sharing app TikTok, … ( read original story …)
China needs to step up global financial integration – FX regulator
China needs to further open its capital markets and financial industry to avoid being globally isolated，a senior foreign exchange regulator said on Saturday. ( read original story …)
Beijing autoshow: Demand rebound, EV boom mix with murky outlook
China’s auto market has rebounded smartly from the COVID-19 crash in recent months, especially for high-end cars, but questions about the durability of that recovery will hang over the Beijing … ( read original story…
Japan Finance Minister Urges G7 to Pressure China to Abide by Debt Relief Initiative
Speaking to reporters after a G7 teleconference, Aso voiced the need to extend the debt relief programme for poor developing countries beyond its current year-end deadline. Aso said the G7 finance … ( read original…
China Finance Online Co. Limited (JRJC) CEO Zhiwei Zhao on Q2 2020 Results – Earnings Call Transcript
Q2 2020 Results Earnings Call September 24, 2020 08:00 PM ET Company Participants Dixon Chen – IR Zhiwei Zhao – CEO Julie Zhu – Acting CFO Conference Call Participants Presentation Operator Ladies and … (…
China Evergrande Selloff Deepens as Concern Mounts Over Its Financial Health
China Evergrande’s bonds and shares came under a second day of heavy selling pressure, as investor concerns grew about the large property developer’s financial health despite its attempt to calm such … ( read original…
Evergrande potential cash crunch could roil China’s financial system- Bloomberg
China Evergrande Group (OTCPK:EGRNF) (OTCPK:EGRNY), the world’s most indebted developer, has told Chinese officials it faces a potential default that could reverberate through China’s $50T financial … ( read original story …)
