* Qtrly profit for period HK$61.9 million versus HK$62.5 million * Qtrly revenue HK$260.4 million versus HK$175.4 million Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original…
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Beijing says it peacefully resolved a South China Sea dispute with Vietnam
Hanoi and Beijing, however, have sought to get relations back on track, with a top Chinese leader telling his Vietnamese hosts in September that their two communist parties have a “shared destiny”. Chinese Foreign Minister…
Chinese bank banned from operating in US over North Korea ties
The United States excluded China’s Bank of Dandong from its financial system on Thursday … The US leader has demanded that Beijing do more to push its neighbour North Korea to stop efforts to build…
China eyes greater U.S. access for its aircraft and parts with new deal
SHANGHAI/WASHINGTON (Reuters) – China’s aviation safety regulator expects a recently signed aircraft certification agreement with the United States to boost U.S. market access for Chinese-made planes and aircraft parts. The Civil Aviation Administration of ……
People’s Bank of China seen supporting yuan around Trump visit
Analysts expect downward pressure on the yuan to resume through the end of the year with the U.S. Federal Reserve expected to raise interest rates and financial markets in China looking less sure-footed. If the…
China Biologic Reports Unaudited Financial Results for the Third Quarter of 2017
–3Q17 Total Sales Up 15.1% YoY and Non-GAAP Adjusted Net Income Up 14.8% YoY in RMB terms, or Total Sales Up 15.1% YoY to $99.6 Million and Net Income Up 11.2% YoY to $31.6 Million…
China Shifts Course, Predicting ‘Minsky Moment’ in Global Financial Instability
In the past year, the U.S. and global “real” economies have enjoyed a moderate recovery. Much of that has been due to China stimulating its economy to ensure real growth in anticipation of the Communist…
AP Interview: Wong says China rise means trade trumps rights
HONG KONG — Young Hong Kong democracy activist Joshua Wong warned Wednesday that China’s rise means human rights are in … the U.S. might not be possible to enter such an international financial centre ,…
China bond rout halted by central bank as yields surge to 3-year high
Since the end of China’s 19th Party Congress, prices for the nation’s government bonds have slumped, prompting the country’s central bank to step in and inject cash into the banking system to abate fears that…
BRIEF-China Shandong Hi-Speed Financial Group says unit to buy 30% stake in Asia Link Capital Investment Holdings
* Unit to buy 30% stake in Asia Link Capital Investment Holdings from Li Shao Yu for HK$934.5 million Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original…
China October factory growth slows more than expected on smog war, softer export orders
BEIJING (Reuters) – Growth in China’s manufacturing sector cooled more than expected in October in the face of tighter pollution rules that are forcing many steel mills, smelters and factories to curtail production over the…
Beijing-driven crackdown puts Hong Kong activists on back foot
“Hong Kong has entered an era where those who fight for democracy and free elections will be put in prison,” the 21-year-old tells the Financial Times … Wong admits that Beijing’s intensifying crackdown has left…
Bank of China Slumps as Lender Lags Peers in Taming Bad Loans
Bank of China Ltd. shares slumped the most in almost four months in Hong Kong after the lender failed to report the same improvements in asset quality as its rivals. The stock lost 3.2 percent…
