Property development firm New World Development and the Hong Kong Applied Science and Technology Research Institute (ASTRI) will jointly launch a blockchain platform for home buyers with the Bank … ( read original story …)
Tagged By financials
China reportedly halts applications for new game licenses
according to a Financial Times’ report published on Wednesday. Central regulators reportedly haven’t accepted applications since September. This comes after China in August halted the approval of new … ( read original story …)
U.S.-China trade hopes extend equity surge; central banks supportive
Deutsche Bank’s chief strategist Jim Reid said the newsflow was encouraging … after Bloomberg reported on Tuesday that the United States was seeking to secure a pledge from China that it will not de… (…
PBOC Makes First Use of New Tool Aimed at Boosting Bank Capital
(Bloomberg) — China’s central bank announced the first of a new kind of market operation which aims to encourage financial institutions to issue perpetual bonds to boost their capital. The People’s B… ( read original…
Significant boost imminent for financial ties in key region
A new connection mechanism for wealth management product investment across financial markets in Guangdong, Hong Kong and Macao will be launched later, which is the subject of a study being led by the … (…
Wirecard and Tirol Werbung Launch Joint China Pay Initiative
ASCHHEIM, Germany, Feb. 20, 2019 /CNW/ — Wirecard, the global innovation leader for digital financial technology, and Tirol Werbung, the tourism organization of the Austrian state of Tyrol, are launc… ( read original story …)
Beijing Chunlizhengda Medical Instruments Co., Ltd. (HKG:1858): Time For A Financial Health Check
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Beijing Chunlizhengda Medical Instruments Co., Ltd. (HKG:1858), which has zero-debt … ( read original story…
Why banks are wary of Beijing plea to back private companies
Pity the Chinese state-owned bank trying to obey ever-changing instructions from policymakers in Beijing. For years, banks preferred to lend to giant state-owned enterprises — both because of the impl… ( read original story …)
China to conduct first central bank bills swap to support perpetual bonds
BEIJING, Feb. 19 (Xinhua) — China will soon conduct the first central bank bills swap (CBS) operation to support the issuance of perpetual bonds by commercial banks, a central bank official said Tues… ( read…
Enhancing Africa-China Investments
The Central Bank of Nigeria (CBN) announced the signing of a $2.5 billion currency swap agreement with China in April 2018. The CBN Governor, Mr. Godwin Emefiele, had then explained that the deal was ……
China, Iran delegations meet amid efforts to preserve 2015 nuclear deal
Germany, Britain, France, China, Russia and the European Union have been trying … Germany and Britain to allow businesses to skirt direct financial transactions with Iran, and thereby evade possible … ( read original story…
Alibaba boosts stake in investment bank CICC for $231 million
SINGAPORE (Reuters) – China’s e-commerce giant Alibaba Group Holding Ltd has raised its stake in top domestic investment bank China International Capital Corp’s Hong Kong-listed shares to … ( read original story …)
HSBC profit disappoints as China, Britain weakness poses challenge
An economic slowdown in China, exacerbated by its trade war with the United States, poses a challenge to HSBC’s strategy of pouring more resources into Asia where it already makes over three quarters … (…
