MANILA, Philippines — Sy-led China Banking Corp. recorded a double-digit 19 percent rise in earnings to P2.2 billion in the first quarter from P1.9 billion in the same quarter last year, driven by the ……
Tagged By finance
Covid-19: Asian Infrastructure Investment Bank to offer loan of $500 million to aid efforts
Beijing-backed Asian Infrastructure Investment Bank will offer a $500 million loan to aid India’s Covid-19 efforts. The financing will enable the Government of India to scale up efforts to limit the t … ( read…
China’s central bank to issue 30-bln-yuan bills in Hong Kong
China’s central bank said Friday that it would issue two batches of bills worth 30 billion yuan (about 4.24 billion U.S. dollars) in Hong Kong on May 14. This year’s fourth batch of bills worth…
Imagine Owning China Ever Grand Financial Leasing Group (HKG:379) And Trying To Stomach The 91% Share Price Drop
China Ever Grand Financial Leasing Group Co., Ltd. (HKG:379) shareholders should be happy to see the share price … ( read original story …)
Beijing is moving steadily to bring Hong Kong closer into the fold
With arrests of pro-democracy figures and central government oversight expanding, Beijing is pushing for patriotic education and an anti-sedition law – moves likely to reignite Hong Kong protests, … ( read original story …)
Beijing opens financial markets further amid tension with Washington
China finalised rules on Thursday that would scrap quotas under two major inbound investment schemes, giving qualified foreign institutions unlimited access to Chinese stocks and bonds in the latest … ( read original story …)
Deutsche Bank’s Liu Sees China’s Economy Recovering Gradually in 2Q
Linan Liu, rates and FX strategist at Deutsche Bank AG Greater China, discusses the outlook for the yuan amid China’s monetary policy changes. She spoke on the April 19, 2020 episode of “Bloomberg … (…
Ideanomics’ MEG Signs Agreement with Beijing Xenning Green for EV Procurement and Financing
MEG division has today announced an agreement with Beijing Xinneng Green Intelligent Network Technology Co., Ltd. (BXGI) to help finance the replacement of its urban fleet with electric vehicles (EVs) … ( read original story…
The China Chuanglian Education Financial Group (HKG:2371) Share Price Is Down 91% So Some Shareholders Are Rather Upset
Long term investing works well, but it doesn’t always work for each individual stock. It hits us in the gut when … ( read original story …)
Coronavirus: China’s central bank, finance ministry at odds over funding for economic recovery
Top economic policymakers in Beijing are split over the best method to finance China’s recovery from the coronavirus pandemic. ( read original story …)
Industrial Bank issues special financial bonds for small business loans
The Industrial Bank issued 30 billion yuan (about 4.23 billion U.S. dollars) in special financial bonds for small business loans on Wednesday, aiming to help these firms resume work and production. ( read original story…
Jack Ma’s online bank plans $400 billion lending spree
With China’s economy in free fall and millions of small businesses running low on cash, the online lending platform backed by billionaire Jack Ma entered crisis mode.. Read more at straitstimes.com. ( read original story…
China’s Financial Markets Look Set for Another Post-Holiday Drop
China’s financial markets have some catching up to do after an extended holiday, and most of it is bad news. Mainland investors will have their first chance to react to the cautious shift in sentiment…
