Fears of a clampdown on China’s swashbuckling corporate empire builders are mounting after authorities in Beijing began gathering financial intelligence on big-spending conglomerates. Banking regulators ordered lenders to report on companies that have … (…
Tagged By finance
China’s private wealth surges to 165 trillion yuan
according to new research from China Merchants Bank and Bain and Co. The report forecasts the market will grow 14 per cent this year to 188 trillion yuan. Not surprisingly, with such a prize on…
China Finance Online Co. Limite (JRJC) Hits a 52-Week High
In the market the company is trading down since yesterday’s close of $1.71. Shares are trading at $1.70 which is just a bit below $2.09, the 50 day moving average and just a bit lower…
China’s opening up helped it dodge financial crisis – banking chief
China’s increasingly market-oriented and healthy financial institutions will help it ward off financial crisis, the governor of the country’s central bank said on Tuesday, as he addressed the opening of the annual Lujiazui Forum in…
Opening benefits financial sector
Zhou Xiaochuan, governor of the People’s Bank of China, China’s central bank, said further opening up helps to build a strong and competitive financial sector in China. Zhou said this in a speech on Tuesday…
China keeps manageable pace of financial deleveraging
BEIJING – The market fears a cash crunch in late June as seasonally tight liquidity meets the mid-year macro-prudential assessment and tightening regulations in the banking sector. However, volatile market adjustments, seen in 2013 due…
China Cord Blood Corporation Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2017
7 Depreciation and amortization expenses relate to property, plant and equipment and intangible assets respectively. Stocks you’ve viewed will appear in this box, letting you easily return to quotes you’ve seen previously. Register now to…
China Petroleum & Chemical Corporation (SNP) Downgraded by BidaskClub
China Petroleum & Chemical Corporation Major Integrated Oil … Institutional investors own 79.44% of the company’s stock. Chemical Financial Corporation earned a news impact score of 0.15 on Alpha One’s scale. The Firm operates through…
Financial regulators vow reform and innovation
and have experienced substantial changes, particularly in terms of risk management, pricing, and anti-money laundering. …financial service is a competitive industry and can benefit from opening up. China’s financial sector is going to open up…
MSCI Forgets Its Doubts About China
China has taken this as recognition of its growing economic and financial might. But the decision seemed to have almost nothing to do with the reality of China’s financial markets. For one thing, MSCI seems…
MSCI adds China to indices
Global equity index provider MSCI will add China A shares to two of its indices starting June 2018. More than 220 China A large cap stocks will be incorporated to the MSCI Emerging Markets Index,…
Zhou’s Jibe at ‘Lazy’ Banks Signals China More Open for Business
People’s Bank of China Governor Zhou Xiaochuan said China should forge ahead to further open the financial services industry, in a signal the country may allow foreign firms greater access to the market. Protecting domestic…
China’s Global Financial Integration: How Far, How Fast
China’s newly reclaimed role as the “Middle Kingdom,” showcased at a recent gathering of world leaders in Beijing to celebrate China’s “New Silk Road,” should have vanquished any lingering doubts about China’s commitment to weaving…
