The People’s Bank of China (PBOC) usually releases data on bank loans, money supply and total social finance (TSF) between 10-15 of each month, but a central bank official said January data would be …
Tagged By finance
China’s famous ‘Harvard girl’ now finance professional with affluent US lifestyle, ignites debate about definition of success
Liu Yiting won a rare scholarship to a highly regarded US university, and great things were expected of her. Some say she has delivered, while others are disappointed.
Star China Banker’s Disappearance Made His Firm a Buyout Target
About a year after Bao Fan disappeared from public view, his boutique Chinese investment bank is shrinking and being circled by rivals.Most Read from BloombergTrump Denied Immunity in DC Election Case …
What’s the End Game for China’s Unloved Market?
As we started 2023, every single sell-side firm was falling over themselves trying to push the China reopening story, quoting how “cheap” valuations were. Now, after a year where the Chinese stock …
Marketmind: Does China’s bounce have legs?
A look at the day ahead in Asian markets. All eyes – not least those of policymakers in Beijing – will laser in on Chinese stocks on Wednesday to see if they can continue their…
China halts stock slide with state-backed ETF buys, short-selling curbs
Central Huijin Investment, which is controlled by China’s Ministry of Finance, issued a brief statement on its official website saying it has “already expanded the scope of buying ETFs in recent days.
China is facing the US financial crisis ‘on steroids’ as the real estate market collapses, famed hedge fund boss says
China’s property debt is a worse version of the US’ 2008 financial crash, Kyle Bass told CNBC. The country’s real estate sector was too debt-reliant, and now every public developer is in default. Just …
In China, Xi Jinping’s ‘financial superpower’ ambitions spur local scramble for resources
Some of China’s biggest provincial economies are looking to expand and diversify their financial resources this year, largely to fund economy-boosting construction projects, but analysts say this …
Global Times: Under Xi’s leadership, China strives to build a world-class financial sector
At the start of 2024, China’s opening-up push made a distinctive stride in the financial sector. On January 25, UK-based multinational bank Standard Chartered was approved to set up business in Hefei, …
China Stocks Notch Best Day in Years on Beijing Action
Chinese shares notched their best day in years after Beijing signaled its intent to prop up the battered equities market, including by directing a sovereign-wealth fund to boost holdings.
Suspended death sentence for ex-China bank head
A Chinese court has given the death with a two-year reprieve to a former head of China Mercantile Bank for crimes, including taking bribes and abuse of power. The Changde Intermediate People’s Court i …
China gives suspended death sentence to former top banker
A Chinese court has given a suspended death sentence to Tian Huiyu, an ex-president of China Merchants Bank and previously the right-hand man of China’s former economic tsar Wang Qishan, on charges …
China stocks rebound sharply on renewed talk of official support
Battered Chinese stocks leapt to their largest one-day gain in two years on Tuesday and the yuan rose on a slew of signals that authorities are strengthening their resolve to support slumping markets.
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