China Rapid Finance, which operates an online marketplace in China for small peer-to-peer loans, lowered the proposed deal size for its upcoming IPO on Thursday. The Shanghai, China-based company now plans to raise $65 million…
Tagged By finance
Japan, China to hold bilateral finance dialogue in May: Aso
TOKYO Japan and China will hold a bilateral finance dialogue on May 6 on the sidelines of the annual gathering of the Asian Development Bank in Yokohama, south of Tokyo, Japanese Finance Minister Taro Aso…
BRIEF-China Rapid Finance sees IPO of 10 mln ADS priced between $6.-$7/ADS
* China rapid finance limited sees ipo of 10 million ads priced between $6.00 and $7.00 per ads – sec filing * China rapid finance limited had previously expected its ipo of 10 million ads…
China vows military drills as U.S. rolls out THAAD system in South Korea
Tensions are rising on the Korean peninsula where the U.S. missile system THAAD is being installed in South Korea. In response, China says it will conduct live-fire drills and test new weapons. Adriana Diaz reports.…
China to finance Karachi-Peshawar Railway Line
ISLAMABAD: Pakistan has refused part financing from the Asian Development Bank (ADB) for the $8 billion Karachi-Peshawar Railway Line (ML-1) after China said it wanted to fund the project single-handedly. “China strongly argued that two-sourced…
China's Xi Calls Financial Security Foundation of Stable Economy
In comments that signaled China’s policy makers may step up efforts to curb debt and fraud amid a crackdown by regulators, President Xi Jinping called financial security the basis of a stable, healthy economy. Maintaining…
Mobius Praises China Crackdown as Bulls Swallow Market Pain
China’s escalating campaign to clean up its financial system is winning plaudits from some of the world’s biggest investors. Templeton Emerging Markets Group and Fidelity International are among money managers who’ve endorsed a raft of…
Xi Jinping orders China’s financial watchdogs to watch out for risks
In an unusual move, President Xi Jinping on Wednesday summoned the country’s finance industry watchdogs and ordered them to take stock of financial risks and uphold regulatory vigilance, reflecting his deep concern about dangers facing…
China to push yuan internationalization, free trade: central bank official
BEIJING China will continue to push forward the internationalization … for yuan internationalization by achieving stable economic growth while maintaining financial stability, according to a notice on the central bank website. But the process will…
Xi stresses financial security
President Xi Jinping has called for concrete efforts to maintain China’s financial security. Xi, also general secretary of the Communist Party of China (CPC) Central Committee, made the remarks Tuesday afternoon at a group study…
China right to be cautious on capital flows, says RBA's Philip Lowe
“Short-term controls arguably can have a positive effect on financial stability in China by reducing the risk of a disorderly currency adjustment and pressures in Chinese financial markets. “But there is a balance to be…
China stocks end higher, small caps bolster sentiment
“But it will make 2017 a difficult year to make money in Chinese financial markets, in our view. On the positive side, lower China macro risk is positive for risk assets globally.” Most sectors gained…
How important is the China ABS market to Volkswagen Financial Services?
Volkswagen Financial Services demonstrated the importance of the renminbi bond market in the company’s growth strategy with another fund-raising exercise amounting to 4 billion yuan (US$580 million). The three-year asset-backed securities (ABS) deal … (…
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