(Bloomberg) — Chinese authorities are studying plans to help banks replenish capital as they look to continue with their crackdown on financial risk without hurting credit growth. Key Insights … ( read original story …)
Tagged By financials
China’s central bank drains liquidity from market
BEIJING, Dec. 26 (Xinhua) — China’s central bank drained liquidity from the financial system Wednesday. The People’s Bank of China (PBOC) conducted 20 billion yuan (about 2.9 billion U.S. dollars) of … ( read original…
UPDATE 1-China tells domestic online financial info providers to keep ‘economic order’
* Move comes as China tightens grip on internet, economy slows (Adds details, official comments) BEIJING, Dec 26 (Reuters) – China’s cyber watchdog on Wednesday issued new regulations for domestic fin… ( read original story…
China tells domestic online financial info providers to keep ‘economic order’
China’s cyber watchdog on Wednesday issued new regulations for domestic financial information providers, in an apparent crackdown on online content deemed detrimental to the country’s financial stabil… ( read original story …)
China factory jobs dry up as trade tensions hit manufacturing
Older workers even reckoned that the shortage of jobs was worse than they had seen in the past 10 years, including during the global financial crisis. China’s economy had been slowing even before the ……
Beijing and US try to rebuild trust in trade ceasefire
Beijing and Washington on Wednesday sought to reassure shaken financial markets their trade ceasefire could lead to a lasting peace after a global sell-off exposed widespread investor fears that a G20 … ( read original…
Bank of China Plans Perpetual Bond Sale in Capital Push
(Bloomberg) — Bank of China plans to sell as much as 40 billion yuan ($5.8 billion) of perpetual bonds, said people familiar with the matter, in what could be the nation’s first ever issuance of…
Banking institutions in China see rise in assets, liabilities
BEIJING, Dec. 25 (Xinhua) — China’s banking institutions saw an increase in total assets and liabilities, according to data published Tuesday by the country’s top banking regulator. By the end of Nov… ( read original…
China Stocks Pare Slide as State Funds Seen Buying Large Caps
(Bloomberg) — China stocks pared a sharp drop as state-backed funds were seen buying large caps in the afternoon. The SSE 50 Index of some of the country’s largest stocks fell 0.5 percent at the…
China Won’t Resort to Massive Stimulus but More Easing Seen: Central Bank Adviser Sheng
SHANGHAI/BEIJING (Reuters) – China will not resort … local media quoted a central bank adviser as saying in a report on Tuesday. The Chinese economy will face downward pressure in 2019, while … ( read…
China’s Ant Financial swoops on £500m WorldFirst
The payments group affiliated to Alibaba, China’s biggest internet company, is in advanced talks about a $700m (£550m) takeover of WorldFirst, a British currency exchange start-up. Sky News has learnt … ( read original story…
Chinese banks’ shares sink after Beijing reportedly tells them to control profit to support economy
Bank of Qingdao plunged 8.7 per cent … a newspaper run by the People’s Daily, on Thursday. Beijing has been stepping up efforts to stimulate economic growth, which has slowed sharply during the US-C… (…
Beijing vows to reduce meddling in trading after bad year for China stock market
“Beijing has eased the intensity of its crackdown on shadow banking, and has pumped ample liquidity into the interbank market. But the money is just circulating between banks [and not reaching the rea… ( read…
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