Beijing’s tightening rein on shadow banking activities, under President Xi Jinping’s call to tame risks, is opening a can of worms in the country’s wider financial realm as deals are falling apart and debts remain…
Tagged By finance
Chinese financial institutions see net FDI inflows in 2017
BEIJING, Feb. 10 (Xinhua) — China’s financial institutions, including banks, insurers and securities firms, saw net investment inflows from overseas investors in 2017, data from the nation’s foreign exchange regulator showed. Foreign direct investment ……
China Finance Online Co Limited (NASDAQ:JRJC): Is Tech An Attractive Sector Play?
China Finance Online Co Limited (NASDAQ:JRJC), is a US$51.02M small-cap, which operates in the software industry based in China. In the past decade, mega-tech companies, have built highly successful and ubiquitous platforms and ecosystem in…
Cheniere taps China’s booming natural gas market, signing first-ever US long-term LNG contract
China is the fastest growing market for liquefied natural gas, a super-cooled form of the fuel that allows it to be shipped overseas in liquid form. Earlier this week, the U.S. Energy Information projected LNG…
How soaring U.S. oil exports to China are transforming the global oil game
U.S. oil shipments to China have surged, creating trade between the world’s two biggest powers that until 2016 just did not exist, and helping Washington in its effort to reduce the nation’s huge trade deficit…
Stock market CRASH: ‘Worst day in TWO YEARS’ for China causing PANIC during global rout
valuations on China-consumer related industries and execution risks on deleveraging (more specifically financial deleveraging). “The bet on blue-chips was getting too concentrated, so a big correction was just a matter of time.” Worries over the…
China Bank net profit up 15%
CHINA BANKING Corp. (China Bank) saw its net income grow in 2017 on the back of sustained growth in its core and fee-based businesses. In a disclosure to the local bourse on Friday, China Bank…
China Bank 2017 profit hit P7.4B, up 15%
Sy family-led China Banking Corp. grew its net profit last year by 15 percent to P7.4 billion on the back of sustained growth in core lending and fee-based businesses. This translated to a return on…
Exclusive: Chinese banks eye bid for Germany’s DVB Bank – sources
LONDON/FRANKFURT (Reuters) – Bank of China (BOC) and Industrial and Commercial Bank of China (ICBC) are among suitors looking at a potential purchase of German transport finance lender DVB Bank, three sources familiar with the…
Chinese banks eye bid for Germany’s DVB Bank: sources
London/Frankfurt: Bank of China (BOC) and Industrial and Commercial Bank of China (ICBC) are among suitors looking at a potential purchase of German transport finance lender DVB Bank, three sources familiar with the matter say.…
China central bank skips open market operations for 12th consecutive working day
China’s central bank suspended open market operations for the 12th consecutive working day Friday to maintain stable liquidity in the banking system. Liquidity in the banking system was at a “relatively high level,” the People’s…
China’s central bank releases nearly 2 trillion yuan in temporary liquidity
China’s central bank said on Friday that it has released temporary liquidity worth almost 2 trillion yuan ($316.28 billion) to satisfy cash demand before the long Lunar New Year holidays. The People’s Bank of China…
Ant Financial plans equity fundraising at potential US$100 billion valuation
China’s Ant Financial Services Group is planning to raise up to US$5 billion in fresh equity that could value the online payments giant at more than US$100 billion, people familiar with the move said. A…
