Bank of China Limited, together with its subsidiaries, provides a range of banking and related financial services in the People’s Republic of China and internationally. It operates in six segments: … ( read original story…
Tagged By finance
BRIEF-China Ever Grand Financial Leasing Group Announces Acquisition Of Jumbo Hall International
April 10 (Reuters) – China Ever Grand Financial Leasing Group Co Ltd: * CHINA EVER GRAND FINANCIAL LEASING GROUP CO LTD ANNOUNCES ACQUISITION OF ENTIRE ISSUED SHARE CAPITAL OF JUMBO HALL … ( read original…
Global financial stability risks still on the rise, IMF says
WASHINGTON (Reuters) – Risks to the global financial system have grown over the past six months and could increase with a messy British exit from the European Union or an escalation of U.S.-China … (…
Donald Trump’s trade obsession keeps the peace with China
Mr Trump has not just a chief executive’s limited vision of geopolitics, but a chief financial officer’s, or even an accountant’s. Mr Trump the China dove: as recently as 2018, this idea would have ……
China’s giant money market fund relaxes investment restrictions
SHANGHAI (Reuters) – The world’s biggest money market mutual fund, overseen by the Chinese billionaire Jack Ma’s Ant Financial Group, has relaxed some restrictions on individual investments to stanch … ( read original story …)
Morgan Stanley taps Taobao to boost China JV stake
As part of steps by China to open up its financial sector to foreign financial groups, UBS, Nomura and JPMorgan recently received approval to increase their holdings in Chinese securities joint … ( read original…
Morgan Stanley to become top shareholder in China funds venture with stake increase
Morgan Stanley declined to comment. Moves by Morgan Stanley to boost ownership in the fund venture comes as China is opening up its financial sector worth trillions of dollars – from insurance … ( read…
Untouchable in 2018, China Bank Stocks Are Now All the Rage
(Bloomberg) — Most of the world’s best-performing bank stocks are now in China, a nation that’s barely started to recover from last year’s liquidity crunch. After snapping up Ping An Bank Co., … ( read…
New World Bank boss vows to keep climate goals, evolve China relationship
WASHINGTON (Reuters) – New World Bank President David Malpass said on Tuesday he would not alter the lender’s commitment to fight climate change, but pledged to step up its anti-poverty mission and to … (…
China’s gold-buying spree continues as central-bank market booms
China’s gold-buying run has shown no signs of abating after the People’s Bank of China added yet more of the precious metal to its reserves in March. Figures on the central bank’s website indicate it…
ICC Banking Commission Annual Meeting to address global trade tensions and pivotal role of Asia
ICC thanks Bank of China, African Export-Import Bank (Afreximbank), Atradius, BNY Mellon, Deutsche Bank, Finastra, Surecomp, Agricultural Bank of China, Bank of America Merrill Lynch, China … ( read original story …)
China’s Next Naval Target Is the Internet’s Underwater Cables
(Bloomberg Opinion) — As the West considers the threat posed by China’s naval ambitions, there is a natural tendency to place overarching attention on the South China Sea. This is understandable: … ( read original…
Those Who Purchased China Chuanglian Education Financial Group (HKG:2371) Shares Five Years Ago Have A 85% Loss To Show For It
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! We’re definitely into long term investing, but some companies are simply bad investments … (…