China’s securities regulator gave self-driving startup Pony.ai the nod to list in the U.S., in a sign that Beijing’s grip on companies seeking to raise capital overseas may be easing.
Tagged By finance
China’s Credit Yields Drop to Record Lows on Bond Bull Run
China’s local credit yields have fallen to the lowest level ever as investors load up on corporate bonds to boost returns in a financial system awash in liquidity.
China’s Noah to hire 50 to 100 wealth managers in Hong Kong, Singapore
The private bank is expanding overseas as China’s rich are looking to diversify their wealth. Read more at straitstimes.com.
US Mulls Sanctions On Beijing Banks For Alleged Role In Putin’s War In Ukraine: ‘China Can’t Have It Both Ways,’ Blinken Says
China “can’t purport to want to have positive friendly relations with countries in Europe… and at the same time be fueling the biggest threat to European security since the end of the Cold War,” …
UPDATE 1-China’s c.bank hints it may add treasury bond trades to policy toolkit
A senior Chinese central bank official suggested on Tuesday that the bank’s buying and selling of treasury bonds in the secondary market could be used for liquidity management and as a monetary policy …
China Finance Ministry Echoes Xi’s Call for PBOC to Trade Bonds
(Bloomberg) — China’s Ministry of Finance said it supports allowing the central bank … The remark set off a flurry of interest from investors eager to figure out what Beijing will do next, as it…
Exclusive-China turns the heat up on cross-border investments in local govt debt, sources say
Chinese regulators are inspecting the use of a cross-border mechanism to invest in debt-laden local governments’ offshore bonds, two sources said, indicating a ramping up of efforts to contain …
China Finance Ministry Voices Support for Central Bank Bond Trading
China’s finance ministry has said it is in favor of the central bank resuming trading Treasury bonds, a move that would see the monetary authority dust off a rarely used tool in its policy kit.
China Finance Ministry Echoes Xi’s Call for Bond Trading at PBOC
China’s Ministry of Finance said it supports allowing the central bank to trade government bonds, reaffirming a sentence from President Xi Jinping that ignited market speculation about a change of …
Why Beijing’s latest manufacturing strategy could backfire
Chinese industrial firms are facing intense downward pressure on their profit margins as they lack pricing power both in their domestic and export markets.
China details regulations on non-bank payment institutions
The People’s Bank of China on Monday began to solicit public opinion on the detailed rules regulating the non-bank payment institutions, as a part of efforts to enhance their supervision and …
China’s weak yuan forces central bank to hold rates steady
BEIJING — China’s central bank has kept key lending rates unchanged again as its monetary easing options are narrowed by the yuan’s recent weakness against the dollar, which has risen on the delayed …
Fitch Takes A Dim View Of China’s Financial Outlook
This credit credit-rating agency has joined Moody’s in allowing China to keep its still-high rating but downgrading the country’s “outlook.” …