SHANGHAI, Nov 20 (Reuters) – China stocks dropped the most in three weeks on Tuesday, led by financial and technology shares, as Asian markets tanked after overnight losses on Wall Street and amid ris… (…
Tagged By finance
Cryptocurrency Exchange Huobi Creates Communist Party Committee in China
Huobi Group has created a Communist Party committee, making it the first blockchain based company to do so in China, the South China Morning Post reports. The committee was created through a Huobi … (…
China’s JD.com feels pressure as sales of big ticket items slow
Chief financial officer Sidney Huang said the “relatively soft” sales forecast was linked to an ongoing consumption slowdown in China. JD.com’s shares were down more than 5 percent in pre-market trade … ( read original…
China Is Casting a Shadow Over Hong Kong’s Luxury Watch Retailers
The city counts on visiting shoppers from mainland China to power earnings. A weaker yuan and slowing economic growth are hurting China’s powerful domestic-consumption engine just as exporters feel th… ( read original story …)
The Finance 202: U.S.-China trade conflict is worsening
Meanwhile, in Beijing the question these days is less how to catch up … and Nissan said it intended to oust Mr. Ghosn from his post after uncovering “significant acts” of financial misconduct. Japan… (…
Trump’s trade hawk prepares to swoop on Beijing
This experience forged his image of Beijing as a ruthless, dangerous economic predator, observers say. “[Mr Lighthizer] conjures up this idea of essential Chinese-ness that is not going to change, eve… ( read original story…
Beijing Deputy Mayor Touts Market’s Role in Pledged-Share Bailouts
Beijing’s deputy mayor in charge of finance said Monday at the 9th Caixin Summit. The high-tech industry in Beijing faces systematic financial risks because many private companies and their major shar… ( read original story…
Bremmer on China: ‘Trump is on to something here’
China has put forth an opening offer to the U.S. in an attempt to break through stalled trade talks between the two nations. The bid doesn’t meet many of the trade reforms that the White…
Hong Kong activists warn that Beijing crackdown will backfire
Since then, the Hong Kong government, which is appointed by Beijing, has stepped up its use of legal and … It subsequently rejected the visa renewal application of Victor Mallet, the Financial Times … (…
Property developers, financial firms lift China shares
SHANGHAI, Nov 19 (Reuters) – Property developers and financial firms lifted China’s main stock indexes on Monday as the government continues to roll out policy measures to support markets, and amid gr… ( read original…
China Probes Australian Barley as Trade Tensions Simmer
(Bloomberg) — China is starting an anti-dumping investigation on imports of Australian barley, sending a signal the world’s top commodity buyer may be increasing scrutiny of one of its most important … ( read original…
China’s Chain of Debt Guarantees Looms as Systemic Danger
Private companies have long had to be innovative in getting financing in Communist-run China, where state-owned enterprises have had preferential access to the banking system. Moves by Chinese compani… ( read original story …)
China moves closer to allowing foreigners to control insurance ventures: sources
China has set an agenda to open up its financial sector and has already taken steps this year to relax foreign ownerships in securities ventures. Beijing said in November last year that for insurance ……
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