Trading volume for China Finance Online Co. Limite was 191K on Wednesday. Shares saw a steep increase in trading volume of 406.64% over the normal average daily volume. Investors are feeling more bearish on the…
Tagged By finance
China rust belt banks ‘at centre’ of murky world of shadow banking
Regional banks in China’s rust belt provinces are driving the rapid expansion of shadow banking in the country, fuelling a web of informal lending that poses wider risks to the financial system, according to a…
To Disarm North Korea, Cripple A Large China Bank
Beijing, however, did not take the hint. Therefore, on June 29 President Trump’s Treasury Department, pursuant to Section 311 of the Patriot Act, designated Bank of Dandong a “primary money laundering concern.” The designation effectively…
Chengdu Seeks Hong Kong Cooperation in Finance and Culture
CHENGDU, China, Aug. 29, 2017 /PRNewswire/ The city of Chengdu plans to draw on a thousand years of financial acumen to boost economic cooperation with Hong Kong, according to municipal officials visiting the Special Administrative…
China orders videotaping of retail investment sales
China’s banking regulator has issued new rules requiring financial institutions to make video and audio recordings of all investment product sales, saying they were needed to “further regulate market order and protect customer rights”. The…
China’s regulatory rumours hit Blackmores
Blackmores CEO Richard Henfrey said talk of potential changes to China’s e-commerce regulations and “the suitcase trade” had impacted the buying patterns of Chinese entrepreneurs and tourists who were previously purchasing products in Australian stores…
China’s fledging private banks get off to a smooth start in nation run by the Communist Party
China’s growing number of fledging private banks are expected to keep posting higher-than-average net interest margins after enjoying a smooth opening start, according to analysts. At the same time, however, they are being urged to…
New report examines the financial leasing market
Agency -. Since 2014, a series of favorable policies have prompted China’s financial leasing industry to develop rapidly. As of June 2017, there had been 8,218 Financial Leasing Market enterprises in China, which conducted the…
China Is Creating the World’s Largest Power Company
China’s creating the world’s largest power company … a Beijing-based senior analyst at Sun Hung Kai Financial Ltd. “This confirms the direction of state-owned enterprise reform, with companies in the same industry merging to reduce…
China’s Central Bank Is Working Hard to Stand Still
Start your day with what’s moving markets in Asia. Sign up here to receive our newsletter. While some of the biggest central banks are agonizing over changing direction, the People’s Bank of China is working…
China’s regulators preparing new rules for digital coin offerings – Caixin
The government issued draft rules targeting illegal fundraising on Thursday, as the authorities step up a campaign to crack down on risky and illicit behaviour in the country’s financial sector. In China’s rapidly developing financial…
China’s Wanda denies website report its founder was detained
Wang is one of China’s richest businesspeople … The seller, Eldridge Industries, called off the deal in March, saying Wanda failed to complete the purchase. Financial markets were rattled in February by reports another billionaire,…
China needs clear boundaries between state and markets, says central bank researcher
“The first institutional problem that leads to financial chaos is unclear boundaries between government and the market”, Xu was quoted as saying on the official Wechat account of the China Finance 40 Forum, a well-known…
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