The recent interest rate hikes have aided China Life along with other companies like The Hartford Financial Services Group, Inc HIG, CNO Financial Group, Inc CNO, Renaissance Holdings, Inc RNR by boosting their investment results.…
Tagged By finance
Beijing-backed bank to invest in IFC fund
BEIJING, Sept. 28 (Xinhua) — The Asian Infrastructure Investment Bank (AIIB) has announced it will invest 150 million U.S. dollars in the International Finance Corporation (IFC)’s Emerging Asia Fund to address the infrastructure gap in…
Chinese ship finance to the fore
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Belt and Road: China’s new green finance laboratory
Considering its size, it is easy to forget China’s green bond market is still in its infancy. It took off only in 2016 — when, from almost nothing, issuance of green bonds rocketed to $36bn,…
UK the riskiest market after China, say finance and tech firms
Political and economic uncertainty emanating from the Brexit vote have contributed to make the UK the second riskiest market in which to do business – after only China – according to a new survey of…
China Financial Services Holdings Ltd (0605) Dips -2.99% on Sep 29
Shares of China Financial Services Holdings Ltd (HKG:0605) last traded at 0.65, representing a move of -2.99%, or -0.02 per share, on volume of 446,000 shares. After opening the trading day at 0.66, shares of…
North Korean firms in China ordered to close by January
Branches of China’s biggest banks have told AFP that they have suspended financial transactions for North Koreans, a measure that is not required under UN sanctions. ( read original story …)
China outbound M&As seen picking up on hopes of eased capital outflow curbs
Such was the buying that China’s government began placing restrictions on overseas deals to stop huge outflows of funds destabilizing the yuan. The yuan has since stabilized, while China’s foreign reserves have risen. The government…
China Analysts’ Cut-Throat Fight for $1 Million Paycheck
A million-dollar paycheck might not turn heads on Wall Street, but it’s a tidy sum in China, where the financial industry is still dominated by government-owned institutions with a history of conservatism on pay. In…
Tea and Tiananmen: Inside China’s new censorship machine
TIANJIN, China, Sept 29 (Reuters) – In a glass tower in a trendy part of China’s eastern city of Tianjin, hundreds of young men and women sit in front of computer screens, scouring the Internet…
China 40: Record Outbound Investment Fuels Growth As Top Firms Reveal PEP For First Time
Riding China’s record-setting outbound investment boom, the country’s largest law firms are catching up with their global counterparts in financial performance. A historic volume of $221bn in M&A during 2016, as measured by Thomson Reuters,…
China Tо Bооst Financial Suppоrt Fоr Small Businesses
HONG KONG (Reuters) – China’s cabinet said on Wednesdaу that it will take a number of measures, including tax exemptions and targeted reserve requirement ratio cuts, tо encourage banks tо support small businesses. Financial institutions…
China orders North Korean businesses closed under UN sanctions
China is North Korea’s main trading partner, making Beijing’s co-operation essential to the success of sanctions aimed at stopping the North’s pursuit of weapons technology BEIJING — China on Thursday ordered North Korean-owned businesses to…
