The lesson of past presidential elections is that bashing Beijing is a vote-winning strategy with few … “Investors are now really banking on the G-20 summit.” You are reading The Finance 202, our … (…
Tagged By financials
China Investors Snap Up Hong Kong Shares of Two Homegrown Banks
Two of China’s biggest banks have suddenly become the favorite Hong Kong equities of mainland investors. Shares of Industrial & Commercial Bank of China Ltd. and China Construction Bank Corp. account … ( read original…
Baoshang failure takes a toll in China’s interbank markets as contagion fears grow
Around the same time, Great Wall West China Bank, a regional lender in Sichuan province, set out to sell negotiable certificates of deposit (NCDs) – usually a routine fundraising tool for small … ( read…
Ex-top diplomat Del Rosario hits joint probe into Recto Bank allision
MANILA, Philippine — Former top diplomat Albert del Rosario hit the proposed plan for a joint inquiry between Beijing and Manila into the allision at Recto Bank Del Rosario, in a statement posted by ……
US runs risk of backfire with trade war tariffs, Chinese banking chief warns
Guo Shuqing, chairman of the China Banking Regulatory Commission, the country’s banking watchdog, said on Friday that the United States would “pay a huge price” for the ongoing trade conflict, … ( read original story…
China Looks for a Savior in the Shadows
China’s central bank is stretching its arms far and wide to stem convulsions in the real economy. In the process, it’s lending legitimacy to financial firms that have long operated in the shadows. … (…
China Is Missing Out on Huge Bond Rally Taking Off Globally
That’s even as the People’s Bank of China signaled its readiness to support the economy, with Governor Yi Gang saying he sees “tremendous” room to adjust policy. Authorities have also repeatedly … ( read original…
China National Gold Studies Bid for Canadian Miner Iamgold
A representative for Iamgold declined to comment. The relationship between China and Canada remains tense after the arrest of Huawei Technologies Co. Chief Financial Officer Meng Wanzhou in Vancouver … ( read original story …)
China’s infiltration of US capital markets a security concern
We can no longer allow China’s authoritarian government to reap the rewards of American and international capital markets while Chinese companies avoid financial disclosure and basic transparency, and … ( read original story …)
U.S. CEOs Meet With China’s Premier in Beijing Amid Trade Woes
Meanwhile, Beijing has clamped down on American corporations from … and will hold an “extended meeting” with him in Osaka, triggering a rally in financial markets. U.S. Trade Representative Robert … ( read original story…
China banking: long-term solutions needed
Baoshang Bank’s takeover by the PBoC happened three weeks ago. However, big banks and brokers are still desperately trying to anticipate the next Baoshang. So much so that many have started to develop … (…
China Deepens Global Finance Links As It Joins Benchmark Indexes
China is embarking on the next stage of its integration into global financial markets. In the past five years alone, foreign ownership of Chinese government bonds has quadrupled to almost 8 percent. … ( read…
China banks face liquidity squeeze in wake of Baoshang takeover
For interbank lenders, including some of China’s largest financial institutions, the treatment of Baoshang represents a sharp shift in the rules of the market. The large banks have been very reluctant … ( read original…
