Stocks in Asia are starting 2023 in a bull market. Investors have been cheered by China’s pivot away from its zero-Covid policy, the ending of its crackdown on tech companies and Beijing’s renewed …
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China’s central bank unveils policy for economic rebound
BEIJING: China’s prudent monetary policy will be more targeted and effective this year to provide stronger support for the overall recovery and improvement of its economy, according to financial …
Endgame for Jack Ma: China’s former richest man gives up control of Ant, Alibaba’s financial subsidiary
The founder stepping back should allow Alibaba and its financial subsidiary Ant to turn the page on a painful regulatory campaign for web platforms.
Principal’s joint venture with CCBP to tap China’s 3 pension segments
Principal Financial Group’s joint venture with China Construction Bank Pension Management Co. will enable the U.S.-based firm to target all three pillars of China’s pension system, as the country’s …
Beijing blocks listings of ‘red light’ companies to steer funding to strategic sectors
Securities regulator identifies some industries as off-limits to equity financing on Shanghai and Shenzhen exchanges …
China Dec new bank loans rise to $206b, ’22 lending at record high
New bank lending in China unexpectedly rose in December from the previous month, central bank data showed on Tuesday, with 2022 setting a record high for lending as the central bank …
Large-cap firms in China’s internet sector could see 20% to 30% growth in earnings, says UBS
Jerry Liu of the financial services firm says it’s “pretty positive” on China’s internet sector. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC…
China Dec new bank loans beat forecast, 2022 lending at record high
New bank lending in China unexpectedly rose in December from the previous month, central bank data showed on Tuesday, with 2022 setting a record high for lending as the central bank continued to …
Economists see a silver lining to China’s COVID chaos: better-than-expected 2023 economic growth
Banks are raising their forecasts for China’s 2023 GDP growth, even as the country endures a massive COVID wave.
Dalio’s Bridgewater cements rank in 2022 as top foreign hedge fund in China
Bridgewater has doubled its fund assets in China to more than 20 billion yuan ($2.93 billion) over the past year, according to two sources and government data, a feat that cements its position as the…
Six fallacies and truths about China’s epidemic control
An employee works at an automobile company in Yuyao, East China’s Zhejiang province, Jan 5, 2023. [Photo/Xinhua] Businesses remain optimistic about the Chinese market. Axel Weber, …
China debt: distressed state-owned financing vehicles eye long-term restructuring, even as ‘default is the easiest choice’
Mounting debt at local levels across China back in the spotlight after 20-year rollover raises concerns about how far banking sector has to go in handling the blow from cash-strapped firms that cannot …
Here’s What Investing Experts Are Watching in 2023, From Inflation to China’s Economic Reopening
And it comes after a wild ride for those watching the markets. After starting 2022 near an all-time high, the S&P 500 ended the year down 19.4% — the stock market’s worst annual performance since…