BEIJING, Dec 14 (Reuters) – China’s Taiwan Affairs Office said on Wednesday any interference with or damage to the “one China” principle would have a serious impact on peace and stability in the Taiwan Strait.…
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China central bank advisers rally behind beleaguered yuan as Trump threat looms
SHANGHAI In what appeared to be an effort to shore up investor confidence in the beleaguered Chinese yuan, a phalanx of central bank advisers signalled their readiness to defend the currency and said a stabilising…
The lengthening shadow of China’s banking sector
As China’s real estate sector experiences another asset price bubble, authorities are attempting to let the air out. The central government has cracked down on peer-to-peer lending companies that are extending down payment loans online.…
China Minsheng Banking : Shi Yuzhu Holds More Shares in China Minsheng
12/08 CHINA MINSHENG BANKING: Minsheng Bank to issue US$1.44bn offshore preference sh.. 12/07 DJ CHINA MINSHENG BANKING: Selling U.S. Dollar Offshore Preference Shares to Yield.. 12/05 CHINA MINSHENG BANKING: Nodded to Offer Preferred Shares Abroad…
China’s yuan firms as state banks sell retreating dollar
The People’s Bank of China set the midpoint rate at 6.8934 per dollar prior to market open, firmer than the previous fix of 6.9086. The spot market opened at 6.9015 per dollar and was changing…
China's Minsheng takes on U.S. funds in bidding for Novo Banco
LISBON China’s Minsheng Financial Holding … while an Apollo-Centerbridge combination and Lone Star have also made bids for all of the bank, the sources said on Tuesday. Portugal salvaged the “good bank” in a 4.9-billion-euro…
China’s Small Private Banks Find it Tough to Navigate Land of Lending Giants
… China’s banking regulators released last week show that old-line banks dwarf the five newcomers, which include WeBank and MYbank, the online banks set up, respectively, by technology majors Tencent Holdings Ltd. and Alibaba Group…
China Merchants Bank : ·ANNOUNCEMENT ON CONNECTED TRANSACTION WITH CMC
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim…
China Beckons Overseas Banks and Asset Managers
China’s recent decision to open more of its domestic market … “There is a continuing measured move by Chinese regulators to open up the banking market,” Reichbach notes. “Another example would be the relatively recent…
China's Housing Market Isn't a Bubble, Says One Strategist
He later was a Shanghai-based strategist in CSLA Ltd., an investment banking arm of Credit Agricole SA. China has no housing bubble and there’s no looming banking crisis, he says. His optimism rests on his…
BRIEF-Bank Of China says CBRC approved qualifications of recently elected executive directors
PARIS, Dec 13 French ski resorts operator Compagnie des Alpes posted higher annual profits and said it needed powerful partners to accelerate its expansion abroad, notably in China. ( read original story …)
China suitor tightens grip on Curacao oil project
Under the framework pact, Guangdong Zhenrong will provide this month a letter of guarantee from China Development Bank to finance up to 85 percent of the project, which includes building a new gas terminal and…
China should aim for stable yuan, no rate hike needed -central bank adviser
BEIJING China should focus on stabilizing the yuan and there is no need to raise interest rates, an adviser to the People’s Bank of China said in a media interview published on Monday. “It’s neither…
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