China Rapid Finance Limited, a large Chinese consumer lending marketplace launched in 2001, added to its recent haul of awards and recognitions by being named to Hurun Report’s “2017 China New Finance Top 50.” CRF’s…
Tagged By finance
Taiwan simulates China attacks as tension rises
Taiwan began two days of military drills Tuesday simulating an attack by China as the government sought to reassure the public in the face of deteriorating relations with Beijing. The island’s armed forces gathered in…
2016: A big year for Shanghai's financial sector
furthering innovation of the financial system and increasing the city’s global influence in the finance industry. The China Financial Information Center and the Shanghai branch of the China Economic Information Service reviewed the city’s efforts…
China targets Bitcoin, casinos and overseas property buyers as outflows surge
China’s financial regulators have had a very busy start to the year. In just a few short weeks they have raided the country’s fast-growing Bitcoin exchanges, pressured banks to stop processing cross-border yuan payments until…
China says will not let non-financial firms' debt rise beyond current levels
BEIJING Jan 10 China will not allow non-financial firms’ debt to rise beyond current levels, the head of the state planning agency said on Tuesday. China’s corporate debt has soared to 169 percent of GDP.…
China's $800 Billion Wealth Fund Plans More US Investments
China Investment Corporation (CIC), the country’s sovereign … Ding Xuedong said at the Asian Financial Forum in Hong Kong. “We hope to increase our alternative investments (in the United States), which is also a common…
Robert Chow: Hong Kong's pro-Beijing firebrand
Hong Kong is home to a host of democracy activists angering China but one rabble-rouser — a silver-haired former radio host — has been embraced by Beijing for targeting supporters of a split from the…
Bank of China (Hong Kong), China Mobile International and China Mobile Hong Kong Signed Strategic Cooperation …
HONG KONG, Jan. 17, 2017 /PRNewswire/ — Bank of China (Hong Kong) Limited (“BOCHK”), China Mobile International Limited (“CMI”) and China Mobile Hong Kong Limited (“CMHK”) jointly announced that the three corporations have signed a…
China’s next big short is stocks, hedge fund manager says
When Kevin Smith realized late last year that China was getting serious about defending its currency, his first move was to dial back bearish bets on the yuan. His second move: double down on wagers…
Beijing Warns Trump on One-China Policy
Jan.15 — Beijing has now warned Donald Trump not to question its claim to Taiwan, saying its one-China policy is not negotiable. This comes one day after the President-elect hinted at a major reset of…
Beijing warns Trump over Taiwan
Two influential Chinese newspapers warn U.S. President-elect Donald Trump that Beijing will “take off the gloves” and Taiwan may be scarified if he continues to provoke Beijing over the self-ruled island once he sworn in.…
China's Sinochem chief dismisses ChemChina merger reports as 'rumour'
at the Asian Financial Forum in Hong Kong. The reports of a possible merger of the two Chinese companies triggered concerns it could complicate China National Chemicals Corp’s (ChemChina) acquisition of Syngenta , which would…
China's Just Getting Started With Funky Finance
China’s love affair with asset-backed securities, the kind of financial product that helped spur the 2008 global credit crisis, has the intensity of a new passion. But for all the concerns about the speed at…
