If you are looking to invest in China Finance Online Co Limited’s (NASDAQ:JRJC), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk…
Tagged By finance
China’s Hollywood romance sours amid trade war, debt fears
China’s Huahua Media and the state-backed Shanghai Film Group in November scrapped a $1 billion agreement to co-finance a slate of films from Paramount Pictures. In February, NBCUniversal sold out of Oriental DreamWorks, its much-hyped…
China’s Big Five banks log fastest first-quarter profit growth in four years
On Friday, Agricultural Bank of China Ltd (AgBank), reported a 5.43 percent rise in first-quarter net profit, while the country’s largest bank, Industrial and Commercial Bank of China Ltd (ICBC), said its net profit grew…
China tightens rules on non-financial firms investing in financial institutions
BEIJING (Reuters) – China’s central bank and financial regulators have issued guidelines to strengthen supervision on non-financial companies investing in financial institutions. China will strictly restrict irrational and blind investment in financial … ( read…
China regulator: will implement financial market opening measures as soon as possible
BEIJING (Reuters) – China’s banking and insurance regulator said on Friday it would implement financial market opening measures as soon as possible. China has laid out a clearer timetable for opening its financial sector to…
Huawei banking on financial digitalization for faster growth
one of the top telecom equipment suppliers in China, is banking on its efforts in promoting digital transformation for firms in the financial and other industries, to achieve a “much faster” year-on-year growth in its…
China Cracks Down On Banks’ Risky Lending Practices
Two unnamed sources told the publication that the nation’s financial regulator, the China Banking and Insurance Regulatory Commission (CBIRC), have deployed teams from local branches to commercial banks. Officials will stay at those branches and…
MGM China Reports 2018 First Quarter Financial Data
HONG KONG, April 26, 2018 /PRNewswire/ — MGM China Holdings Limited (“MGM China” or the “Company”; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the “Group”)…
China’s financial watchdog begins inspections of banks’ risky lending: sources
BEIJING/SHANGHAI (Reuters) – China’s financial regulator has launched a nationwide inspection of banks’ risky business practices, focusing on consumer loans and real estate lending in regions with high levels of household debt, two sources with…
China’s macroeconomy in the ‘new era’ of politics and power
Under his insistence, The segregation supervision pattern of the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission was established, meaning financial institutions would be split … ( read…
China Minsheng Financial cooperates with the world’s leading investment platform eToro in innovation of financial technology
Both companies aim to jointly build an ecosystem where blockchain technology can be applied in financial services, taking the strategic development of Group’s fintech to a whole new level HONG KONG, April 25, 2018 /PRNewswire/…
China opens its first bank without bankers
Bank customers speak with a robot at an automated branch in Shanghai. The outlet opened by Beijing-based China… Read More SHANGHAI: Missed paying dues on your Communist Party membership? There’s a bank for that —…
Chinese banks under pressure from Beijing to boost capital
Chinese banks have embarked on a new round of capital raising, prompted by regulations on shadow banking that are forcing lenders to bring shadow loans back on to their balance sheets. Pressure on banks to…
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