China’s central bank said it will stick with a supportive monetary policy stance and study new policy measures to support and consolidate the positive momentum of economic recovery, according to a …
Tagged By finance
Bank of China Plans First-Ever Interim Dividend as Profits Fall
Bank of China Ltd. announced its first interim dividend since listing in 2006 at a time when profit growth is faltering.
Market Cap of China’s Big Six Banks Tops Shenzhen’s ChiNext Board as Investors Seek Safe Haven
(Yicai) Aug. 29 — The market capitalization of China’s Big Six state-owned lenders has surpassed that of the Shenzhen Stock Exchange’s Nasdaq-style ChiNext Board, which boasts more than 1,300 firms, …
Local governments in China to ‘smash iron pots, sell the steel’ to stave off debt risk
Bishan district government in the Chongqing municipality will look to liquidate state-owned assets, such as buildings, land and large equipment.
Local governments in China to ‘smash iron pots, sell the steel’ to stave off debt risk
Bishan district government in the Chongqing municipality will look to liquidate state-owned assets, such as buildings, land and large equipment.
China’s Xi meets with U.S. national security advisor Sullivan
Chinese President Xi Jinping told U.S. national security advisor Jake Sullivan during a meeting that China hoped the U.S. would find “a right way” to get along.
Intl financial centers key to China’s financial system reform
[Photo by Liu Zizheng/chinadaily.com.cn] China needs to step up reform of its financial system by steering it toward more sound and orderly development, and accelerating the construction of …
Pernod Says US, China Sales Will Remain Soft This Quarter
Pernod Ricard SA, whose brands include Absolut Vodka and Martell Cognac, said sales will remain soft this quarter as destocking in the US and weak consumer spending in China curb demand.
China may keep RMB stable if Fed cuts rates
The People’s Bank of China, the country’s central bank … which is part of the Central University of Finance and Economics, said the market has formed a consensus on a weakening US dollar, leading to…
Former investment banking head of China’s Haitong securities arrested
The former investment banking head of China’s largest securities firm Haitong Securities has been arrested, the latest high-profile banker targeted during China’s crackdown on financial corruption.
China markets: We like communications and selected consumer discretionary sectors, says Bank of Singapore
Louisa Fok, China equity strategist at the Bank of Singapore, says it has a “cautious stance” on consumer staples.
China’s central bank conducts $38.94 billion via reverse repos Wednesday
China central bank conducted 2773 billion yuan about US3894 billion of seven-day reverse repos at an interest rate of 17 percent Wednesday …
China bond bulls warned of bubble risk over bumper debt supply
The warning follows frenzied buying that has driven up the prices of Chinese 10-year central government bonds, pushing yields below 2.2 per cent and leading the People’s Bank of China to caution that …
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