China’s central bank has sought to counter market speculation that it would engage in a significant loosening of monetary policy next year to offset a slowing economy and trade uncertainties, saying t… ( read original…
Tagged By financials
China’s stock drop this year reduces bubble worries, central bank official says
Zhou Xuedong, spokesperson, director general of the general executive office, People’s Bank of China, speaks with reporters in Beijing after the last day of trading in local markets for 2018. Despite … ( read original…
Hyatt Regency Beijing Wangjing Triumphed Industry Awards Since Opening
BEIJING, Dec. 28, 2018 /PRNewswire/ — Recently National Geographic Traveler, one of the most renowned high-end travel publications in China, announced the winners of 2018 Golden Awards. Hyatt … ( read original story …)
China to Hasten Approvals for Foreign Financial Firms
(Bloomberg) — China will speed up approvals for securities firms and fund-company joint ventures in which foreign investors have majority stakes, a senior official said, another sign that policy make… ( read original story …)
China’s Rival to GPS Technology Is Looking to Go Global
(Bloomberg) — China’s alternative to the American-owned GPS extended its coverage beyond the Asia-Pacific region with a goal of becoming a dominating technology in the future, spurring gains in share… ( read original story …)
Bank of China, China Construction Bank get wealth management units in shake up of US$4.3 trillion industry
Beijing has given two of China’s biggest banks the go-ahead to set up wealth management units, a move that could create a new growth engine for an industry struggling to sustain profitability. The Ban… (…
China to Speed Up Approval for Foreign-Owned Financial Firms
Sources: China Banking and Insurance Regulatory Commission, Asset Management Association of China, Securities Association of China, Oliver Wyman, Casey Quirk, Bloomberg Economics Chinese officials hav… ( read original story …)
China says new financial information rules aimed at providers for institutions
BEIJING (Reuters) – China’s internet regulator said on Friday the recently published rules governing financial information providers are aimed at firms supplying information to an institutional … ( read original story …)
China central bank pledges prudent monetary policy and a stable yuan
BEIJING (Reuters) – China’s central bank said on Thursday it will maintain a prudent monetary policy and keep the Chinese currency basically stable while offering “reasonably ample” liquidity to … ( read original story …)
Tesla sets up Shanghai financial leasing unit as China plans accelerate
BEIJING (Reuters) – Tesla Inc has registered a financial leasing company in China, a local business registration filing shows, in the latest sign the U.S. electric car maker is attempting to speed up … (…
Beijing Tong Ren Tang Chinese Medicine Company Limited (HKG:3613) Is Trading At A 30.53% Discount
View our latest analysis for Beijing Tong Ren Tang Chinese Medicine … To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research ……
China’s middle class hit by shadow banking defaults
A senior manager at the Beijing office of a large US tech company did not want his boss to know he spent his vacation days protesting outside government offices. It is difficult to put exact…
U.S.-China Trade Talks to Take Place in Beijing in Early Jan.
(Bloomberg) — A U.S. government delegation will travel to Beijing in the week of Jan. 7 to hold trade talks with Chinese officials, two people familiar with the matter said. Deputy U.S. Trade Represe… (…
