* NET REVENUE INCREASED BY 26.2% TO $5.13 MILLION FOR Q3 OF 2017 Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story …)
Tagged By finance
China’s Bank of Communications partners with Hong Kong fintech start-up to use AI in finance
Bocom International, the investment banking arm of the Bank of Communications, has tied up with Hong Kong fintech firm FDT-AI to better understand investors’ behaviour and capture market opportunities based on artificial intelligence technology and…
UNEP Inquiry, China’s CUFE Highlight Progress on Green Finance
The International Institute of Green Finance of the Central University of Finance and Economics and UN Environment’s Inquiry into the Design of a Sustainable Financial System have released the report ‘Establishing China’s Green Financial System…
French Minister in China to Dialogue on Economy and Finance
Beijing, Nov 30 (Prensa Latina) French minister of Economy and Finance, Bruno Le Maire, starts here today an official visit that includes commemoration of the fifth anniversary of bilateral high-level dialogue on this sector. According…
The Global Tech 2017 in Beijing Showcases the Power of Chinese AI
BEIJING, Nov. 30, 2017 /PRNewswire/ — The evolution and application of Artificial Intelligence is the main topic at Global Tech 2017 which is held by Global Times Online (huanqiu.com) on Nov. 30th in Beijing. China…
Beijing cuts tariffs on 187 imports
The restructuring of the economy sought by Beijing — with the core growth drivers shifting … to ski equipment — will fall from 17.3 per cent to 7.7 per cent, the Finance Ministry said. Many…
Bank of East Asia sells consumer finance assets to Chinese lender QL Finance for HK$1 billion
China’s central bank orders crackdown on online lenders to curb runaway credit QL Finance is a wholly owned subsidiary of Beijing-based China Financial Services Holdings (CFSH), which provides loans and financial services primarily to small…
China LED Lighting Market 2017-2024 – Key Players are CREE, Foshan Electrical & Light, MLS, Osram & Philips Lighting
For promoting high-efficiency LED lighting products, National Development and Reform Commission (NDRC) and China’s Ministry of Finance (MOF) had collaborated to look after interim measures on administration of financial subsidies. The actions like … (…
Beijing Backs the EV Tortoise
Geely hasn’t marked an operating margin below 8 percent since the 2008 financial crisis, and has averaged 8.2 percent … The problem is that Beijing’s ability to put its thumb on the scales in favor…
China stocks fall, developers and financial firms weigh
SHANGHAI, Nov 30 (Reuters) – China stocks fell on Thursday, pressured by selling of real estate and financial shares, as investors booked profits in sector leaders that had stellar gains this year. ** At the…
China’s Lending Crackdown Is Notable for Three Reasons
Policy makers from the People’s Bank of China and the China Banking Regulatory Commission convened in Beijing on Nov. 23 to discuss new measures to crackdown on online consumer loan platforms, including those for payday…
China’s Bad Banks Get Worse
Link shopping mall deal $2.9 billion Great Wall Asset was established in 1999 to take soured debt off the books of lenders including Agricultural Bank of China Ltd., so what’s it doing buying real estate…
China relaxes leash on Wanda, allowing its unit to issue offshore bond to raise capital
The sale came after China’s bank regulator instructed the country’s biggest lenders to put Wanda and other asset buyers including the Anbang Group, the Fosun Group and the HNA Group under scrutiny for their loans…
