Revenue up 38% Year-on-Year Focus on Ramping Up MGM COTAI HONG KONG, Oct. 31, 2018 /PRNewswire/ — MGM China Holdings Limited (“MGM China” or the “Company”; SEHK Stock Code: 2282) today announced … ( read…
Tagged By finance
China’s interventions are a long-term drag on stocks
Since the middle of October, the China Securities Regulatory Commission, the country’s financial markets regulator, has adopted rules that encourage companies to buy back stock. It has also orchestrat… ( read original story …)
US must avoid a new cold war with China
What has been the most important event of 2018 so far? Arguably, it was the speech on US-China relations by Mike Pence, US vice-president, on October 4. It stated America’s intention to confront a ris……
China making fresh bid to boost loans to small firms as economy slows
BEIJING (Reuters) – China’s banking and insurance watchdog said on Tuesday that it will soon release new rules to boost financing to the private sector including small companies, and urged banks to ke… ( read…
China’s Yuan Drops to a Decade-Low, 7 Per Dollar Now in Sight
(Bloomberg) — China’s yuan touched the weakest level since May 2008, as the central bank cut its daily fixing and on signs that a trade war with the U.S. may escalate. The currency declined as…
UPDATE 1-China making fresh bid to boost loans to small firms as economy slows
BEIJING, Oct 30 (Reuters) – China’s banking and insurance watchdog said on Tuesday that it will soon release new rules to boost financing to small companies, and urge banks to step up support for firm……
China boosting loans to small firms as economy slows
China’s banking and insurance watchdog said on Tuesday that it will soon release new rules to boost financing to the private sector including small companies, and urged banks to keep lending to busine… ( read…
China’s financial markets are bouncing around like a cat on a hot tin roof
Chinese financial markets are having another wild session on Tuesday. Both stocks and the Chinese yuan are off their earlier lows. The recovery was unusually abrupt. China’s “National Team” may be con… ( read original…
China’s finance ministry calls out Xiaomi over accounting errors
BEIJING (Reuters) – Chinese authorities on Tuesday said smartphone maker Xioami Corp made errors in its accounting, sending the company’s Hong Kong-listed shares down amid a wider sell-off of … ( read original story …)
Beijing will play the long game on the renminbi
A suite of reforms has encouraged investment in the domestic financial sector, especially fund management. Success in attracting actively managed capital has so far been patchy but Beijing has made si… ( read original story…
Early indicators show China’s economic slowdown worsened again in October
China’s economic growth continued to slow in October … including steps to boost liquidity in the financial system, new tax deductions for households and targeted measures aimed at helping exporters. … ( read original story…
Beijing planing to set up new banking system for financial, banking coop. with Tehran
Establishment of this alternative banking system is underway, so that banking experts of the two countries have thus far held several meetings in this regard. Given the above issue, China’s Bank of Ku… ( read…
Iran-China to create new banking mechanism
Beijing, Oct 29, IRNA – Regarding the possibility of severing ties between Iranian businessmen and Bank of Kunlun, Beijing plans to set up a new banking mechanism to continue its financial and banking … (…
