These measures could negatively impact investor appetite and raise doubts about market transparency and price discovery. Analysts argue that China should prioritize economic reforms to rebuild …
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Smith and Nephew lifts outlook as medical device revenue growth offsets China slowdown
It wasn’t all plain sailing for the medical tech giant however, with its operating profit for the year down to £335m, from £356m.
What are shadow banks and why are they failing in China?
Shadow banks, such as Sichuan Trust and Zhongzhi, are non-bank financial institutions, such as credit guarantee companies, hedge funds and asset management companies, that provide some of the key …
China’s National Team Bought $57 Billion of Shares, UBS Says
China’s state-backed funds have poured more than 410 billion yuan ($57 billion) into onshore shares this year in a bid to prop up the market, according to estimates by UBS Group AG, which expects …
China highly-concerned about trade remedy investigation started by EU on EVs
China is highly-concerned about the trade remedy investigation initiated by the European Union on China’s electric vehicles and other products, the country’s commerce minister said in meeting on …
Exclusive: StanChart suspends new investments from clients via China outbound channel
HONG KONG, Feb 27 (Reuters) – Standard Chartered (STAN.L), opens new tab has suspended new subscriptions by its clients in China into offshore products via a quota-based channel since last week, the …
China Says Hong Kong’s ‘One Country, Two Systems’ Is Permanent, SCMP Reports
China’s top official in charge of Hong Kong said the city’s governing principle of “one country, two systems” will be kept as a “permanent feature,” South China Morning Post reported.
China Has Expressed Opposition to US Sanctions on Chinese Companies Due to Their Russia-related Reasons
The Chinese Ministry of Commerce issued a statement on Monday strongly opposing the United States’ imposition of sanctions on Chinese enterprises for reasons related to Russia. The ministry emphasized …
Ant Group Has Outbid Citadel for the Remnants of Credit Suisse’s China Investment Bank Venture, in a Showdown Between Jack Ma and Ken Griffin
The bid by a fintech giant backed by Jack Ma to establish a securities business using Credit Suisse’s operations will undergo a thorough review due to China’s preference for a foreign buyer, according …
Restructuring specialists boost Hong Kong staff as China property crisis stokes demand
Global restructuring specialists Alvarez & Marsal and Houlihan Lokey have boosted headcount in Hong Kong as China’s property crisis results in a surge in debt restructuring deals – making them a rare …
Financial flows to Russia are drying up as global banks fear losing access to the US dollar, Treasury official says
The threat of secondary sanctions are working, Deputy Treasury Secretary Wally Adeyemo told Reuters. Finance flows to Russia have withered as global institutions don’t want to lose dollar access. That …
China’s economy is unravelling at a pace previously thought unimaginable. Where does that leave Australia?
After China’s property market implosion, there are growing fears its banking and financial system may be impacted too. It’s further proof that China’s economy is unravelling at a pace previously …
US Chamber of Commerce chief visiting China this week, spokesperson says
Meetings between U.S. Treasury and Chinese financial officials in Beijing in January concluded … that Treasury Secretary Janet Yellen looked forward to a return visit to China at an “appropriate …
