China’s property developers are under duress again, re-igniting concerns about a debt crisis. But with a faltering economy and diminished confidence among households and companies, China debt watcher …
Tagged By finance
China makes 1st tax cut on stock trading since 2008 to boost investor confidence
The Chinese government has reduced the stamp duty on stock trading for the first time since 2008 in an effort to restore investor confidence in the economy, CNN reported.According …
Will China’s Recent Financial Policy Patchwork Mend Alibaba And Tencent?
China’s Ministry of Finance reduced its “stamp duty” on securities transactions to 0.05% over the weekend — an effort to spur market activity and boost sentiment.
China’s financial players turn to Guandan card game amidst shifting investment landscape
China’s financial professionals and corporate leaders have increasingly turned to domestic sources of funding in recent times due to a decline in foreign investment.
Why China Slashed Stock-Trading Costs—And Why the Market Wasn’t More Excited
That’s how much Chinese stock investors could save per year in total trading costs, Citigroup analysts say, after authorities halved the tax on share transactions to spur market activity and boost …
South China Sea: Beijing may need to show restraint ahead of US-Vietnam meeting
Beijing may need to rethink its strategies in the Sea to avoid further isolation, observers said, after Washington signed deals with Japan and South Korea on expanding security cooperation. But as it …
China central bank unveils guidance on relaxing residential housing loans
China’s central bank on Friday unveiled guidance on relaxing residential housing loan policies to better meet residents’ needs for housing.
BOJ Ueda says China’s slowdown adds to economic uncertainty
TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said the pace of economic activity in China has been a disappointment that could cloud Japan’s economic outlook, according to a text of his speech …
China Yuan Bears Fade in Near Term on Support Moves, Charts Show
Traders are betting on short-term relief for China’s offshore currency, even as global investors predict mounting economic stress will drive the yuan to historic lows.
China stocks climb after authorities attempt to lure investors with stock tax cut, other moves
The Hang Seng HK:HSI also got a lift from the moves by China to ease trading rules, with the index up 1.2%, though down 9.4% in August so far, which would also be its worst…
China and Hong Kong stocks lead gains in Asia markets; Evergrande shares plunge
Investors will be looking at China’s factory activity on Thursday, as well as PMI readings across the region on Thursday.
Economic Watch: China halves stamp duty on stock trading to invigorate capital market
Besides the latest efforts in capital market, the central bank also unveiled measures to bolster the economic recovery. Since August, China has cut the interest rates of the medium-term lending …
China’s central bank conducts 332-bln-yuan reverse repos
BEIJING, Aug. 28 (Xinhua) — China’s central bank conducted 332 billion yuan (about 46.2 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Monday. The move aims to …
