BEIJING, March 1 (Reuters) – China’s outstanding medium-term lending facility (MLF) was at 4,158 billion yuan ($620.4 billion) at end-February, compared with 4,541.5 billion yuan at end-January, the c… ( read original story …)
Tagged By financials
China determined to prevent, defuse financial risks: central bank
BEIJING, March 1 (Xinhua) — China is determined to forestall major financial risks amid stabilizing growth and advancing high-quality development, said a central bank official. Currently, China’s eco… ( read original story …)
China’s central bank to take steps for multi-level capital market
BEIJING: China’s central bank will take further steps to encourage equity financing and facilitate capital market reforms to diversify financing services in the banking sector, a senior official … ( read original story …)
China Bank profit climbs in 2018
CHINA BANKING Corp. booked higher net income in 2018 propelled by the sustained growth of its core businesses. In a regulatory filing Thursday, the Sy-led lender said it booked an P8.1-billion net pro… ( read…
China is facing employment challenges as its economy slows, official says
China’s economic slowdown is creating some difficulties for … As the country grapples with slowing growth, ensuring that people have jobs also has a financial imperative. “(Beijing’s) social policy … ( read original story …)
Qatar, China, Japan sought ‘extras’ after Barclays 2008 fundraising: court
Cross-examined by William Boyce, a lawyer for Boath, Leighton agreed that Japan’s Sumitomo and China Development Bank sought Memoranda of Understanding to deepen relationships with Barclays … ( read original story …)
Ex-China Development Bank Official Punished for Integrity Lapses
A former China Development Bank (CDB) senior executive has been expelled from China’s Communist Party after an investigation found him guilty of “disciplinary issues,” the party’s graft buster said Th… ( read original story …)
RBC Told Bankers Avoid China Travel Amid Huawei Saga
Royal Bank of Canada recently told employees to avoid travel to China, people with knowledge of the matter said, amid a diplomatic feud over the arrest of Huawei Technologies Co.’s chief financial off… ( read…
China Yield Curve Steepens. Good Sign for Growth? Not Quite
Long-term yields have also retreated in recent months, but not by as much — reflecting some expectation that China will resume its focus on reining in financial leverage, according to Alex Wong at Am… (…
China to steadily resolve shadow banking risks: central bank
BEIJING (Reuters) – China will steadily resolve risks in the shadow banking sector and push for a stable transformation of financial institutions’ asset-management businesses, the central bank said on … ( read original story …)
Read This Before Selling Greater China Financial Holdings Limited (HKG:431) Shares
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders … ( read original story…
Hot-rolled mess: China’s steelmakers hit the skids as car sales slow
BEIJING (Reuters) – China’s steel mills may have taken a wrong turn by adding millions of tonnes of new high-end capacity just as the country’s car sector, a key steel consumer, undergoes its first co……
China Best Group Holding Limited (HKG:370): Time For A Financial Health Check
The direct benefit for China Best Group Holding Limited (HKG:370), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. However, the … ( read original…
