Principal Financial Group Inc. boosted its holdings in China Lodging Group, Limited (NASDAQ:HTHT) by 65.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional…
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China Minsheng Financial Holdg Corp Ltd (0245) Dipped -2.3% on Oct 10
Shares of China Minsheng Financial Holdg Corp Ltd (HKG:0245) last traded at 0.425, representing a move of -2.3%, or -0.01 per share, on volume of 1.42 million shares. After opening the trading day at 0.44,…
Chart of the day: The growth of non-financial debt
China’s recipe for corporate deleveraging can be described as a policy-guided shift in debt mix, according to a recent report by S&P Global Ratings. While debt leverage in the corporate segment may have largely stabilised,…
China’s services sector growth at 21-month low, blurs picture of resilient economy
Activity in China’s services sector grew at its slowest pace in 21 months in September as new orders cooled, a private survey showed, blurring the picture of how the economy is performing heading into a…
Why China’s latest bank reserve ratio cut comes with strings attached
China’s latest move to boost lending to the economy’s weakest links highlights the tightrope the central bank is walking to both shore up growth and cut leverage, according to analysts. On the eve of the…
Accelerating fintech in China
Joshua Bateman is based in Greater China and covers finance, entrepreneurship, technology, consumption trends, agriculture, gaming, sports and art. More posts by this contributor: Banking the unbanked in emerging markets Fintech is stimulating Chinese ……
Industrial Bank set ups inclusive finance department to bolster small business lending
Beijing has been eager to steer lending and financial services from big companies to smaller business and underprivileged consumers as part of a broader aim to shore up the economy. The People’s Bank of China…
A report coauthored by a People’s Bank of China researcher says China’s economy is about to hit a wall
China’s economy may soon start feeling some negative payback for stimulus policies that have helped growth to rebound but at the cost of rising corporate debt levels, according to a new paper from the Federal…
China’s central bank chief makes reform appeal: please free up the yuan
China must press on with a “trinity” of reforms to fully realise an open economy, Zhou Xiaochuan, the country’s central bank chief for the last decade-and-a-half, told influential financial magazine Caijing in what could be…
A report co-authored by a People’s Bank of China researcher says China’s economy is about to hit a wall
China’s economy may soon start feeling some negative payback for stimulus policies that have helped growth to rebound but at the cost of rising corporate debt levels, according to a new paper from the Federal…
China’s central bank could adjust policy again
The People’s Bank of China (PBOC) headquarters in Beijing, China. Photographer: Qilai Shen/Bloomberg China’s central bank could adjust monetary policy again in the coming months, in response to changes in the economy or the shifting…
Quick Take: China’s Weakest Province Will Have Its First Privately Owned Bank
China is trying to leverage private capital to revive the worst-performing provincial-level economy. On Monday, Liaoning Zhenxing Bank Co. Ltd. won approval to operate as the first privately owned bank in the northeastern province, the…
‘Reasonable, legal and rational’: Legislature’s Finance Committee chief defends plan to change meeting rules
Pro-Beijing lawmaker Chan Kin-por has defended his proposed initiative to curb filibustering at the Legislative Council’s Finance Committee. Chan, who chairs the committee, said he has prepared documents to enact “chairman directives” to cut short…
