The bid from Ant Group for Credit Suisse’s investment bank in China will likely be scrutinized closely by Beijing. CFOTO—Future Publishing via Getty Images Ant Group Co. outbid Citadel Securities LLC …
Tagged By finance
China Is Stockpiling for the Next Phase of the Chip Wars
Ahead of real conflicts, countries stockpile ammunition and fuel. Chinese companies are busy stockpiling chip-making equipment parts. That has brought huge bounty to Western and Japanese vendors—but …
China’s latest market crackdown shows it hasn’t learned any lessons
China isn’t the first to curb stock market activities — the US also cracked down on short-selling during the 2008 financial crisis. But Beijing’s already heavy-handed oversight over much of the …
China State Firm Sells Bonds to Help Fund LGFV in Rare Move
A state-owned firm in China’s Guizhou province is selling bonds to help repay debt issued by a local government financing vehicle, a rare move that highlights the region’s liquidity strains.Most Read …
Beijing attaches ‘great importance’ to Hong Kong as country’s global finance hub, Xia Baolong tells local financial regulators
Beijing attached “great importance” to Hong Kong’s role … “Hong Kong, as an international financial centre, has a very bright record, and representatives of banking and securities could just speak …
Russia finance minister says in talks with China on yuan loans
Russia’s finance ministry has been discussing with its Chinese counterparts the possibility of taking out loans in yuan, but there has been no decision yet, Russian Finance Minister Anton Siluanov …
Ant Group outbids Citadel for Credit Suisse’s China unit, Bloomberg reports
Fintech giant Ant Group has outbid billionaire Ken Griffin’s Citadel Securities for Credit Suisse’s investment bank venture in China, Bloomberg News reported on Sunday, adding it was unclear whether …
Economic Watch: Revitalization of NE China provinces fueled by 1st net resident inflow in over a decade
“The meeting indicated that northeast China will embrace more favorable policies, which is conducive to the further consolidation of the resident inflow in the region,” said Li Kai, vice president of …
China to widen access to US$232 trillion repo market in transformative, signalling impact on interest rates, analysts say
More foreign investors will be allowed to conduct repo transactions onshore as Beijing takes more measures to deepen financial ties with Hong Kong As a precursor, the HKMA add Chinese government bonds …
Ant outbids Citadel Securities for Credit Suisse’s China unit, Bloomberg reports
Fintech giant Ant Group Co has outbid Billionaire Ken Griffin’s Citadel Securities for Credit Suisse’s investment bank venture in China, Bloomberg News reported on Sunday.
China’s quant clampdown risks damaging fragile markets for years
“The A-share market is so micro-managed, monitored and controlled by the administrators,” said Zhiwu Chen, a finance professor in Hong Kong and a former member of the international advisory board of …
Experts’ take on China’s fiscal and tax reform
In 2012, as part of the overall plan of deepening reform, China embarked on a journey to establish a modern public finance system. In the past decade, the fiscal and tax reform has been gradually…
Who will be China’s durian king when the market expands? Do Philippines, Malaysia have a shot?
a finance professor at Renmin University in Beijing. “As far as the present goes, the price is pretty expensive, so the market is not saturated,” Zhao said. If China received more imports, he said, …
