Overlending to unqualified home buyers ‘important lesson’ from U.S. subprime mortgage crisis -senior banking official (Adds details) BEIJING, Sept 29 (Reuters) – China has launched probes into consumer loans that are being misused for home…

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Haitong International Securities Group Ltd., a unit of China’s second-largest brokerage, plans to add about 100 jobs in Hong Kong as it seeks to draw more of the nation’s growing ranks of multi-millionaires to its…

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China’s sizeable debt continues to be a major bugbear for the investment community. Lack of clear and definite policy action to address this issue have triggered fears of a potential banking crisis. While such worries…

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China’s central bank drained liquidity from the financial system as it suspended open market operations Friday due to a fiscal spending increase. As rising fiscal spending near the end of month has offset maturing reverse…

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HuaXia Finance, an online peer-to-peer lender in China, recently began holding customer funds at Ping An Bank, a Chinese bank, under a “formal online banking depository management system” in order to comply with tightened requirements…

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China’s central bank banned ICOs on Sept. 4 and later banned all bitcoin exchanges from operating in the country. China’s ban is likely temporary. The U.S. and Japan are quickly moving to create rules that…

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Dominguez said in a statement the government was in talks with the Chinese central bank (People’s Bank of China) and the Bank of China. “The Panda bond market is regulated by China’s central bank, PBOC.…

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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.…

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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…

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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,…

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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…

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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…

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