* EXPECTED RESULT DUE TO SUBSTANTIAL GAIN ON GROUP’S TRADING AND INVESTMENT AMIDST MARKET RALLY * EXPECTED RESULTS DUE TO GAIN ON GROUP’S TRADING & INVESTMENT AMIDST MARKET RALLY Source text for Eikon: Further company…
Tagged By financials
China pledges wider market access, especially for financial sector
SHANGHAI (Reuters) – China’s foreign minister said on Friday that the world’s second largest economy would look to open up wider access to its markets this year, amid growing trade tensions with the United States…
China is dominating the App Store (AAPL)
The note said that China is “now in a league of its own among the top app markets,” according to App Annie’s data. The Chinese app store is now double the size of the US…
China’s banking, insurance watchdogs likely to merge in massive financial regulatory overhaul
China is considering plans to merge its banking and insurance watchdogs to bring more order to a fragmented regulatory system and to heed President Xi Jinping’s calls to reduce financial risk. Sources with knowledge of…
Factbox: CEFC China Energy’s global energy, financial assets
(Reuters) – CEFC China Energy, whose chairman is being investigated for suspected economic crimes, is a rapidly growing oil and finance conglomerate with assets across the world and an ambition to become one of China’s…
Banks tighten mortgage loans in Beijing
In response to news that China CITIC Bank had stopped offering personal housing loans over 2 million yuan ($316,000) in Beijing, the major commercial bank said the measure aimed to help ensure the city’s progress…
China Takes Top Spot in Multinationals’ Global Investment Plans
Guangzhou, followed by Shenzhen Rated Most Favored Investment Destination in China GUANGZHOU, China, March 1, 2018 /PRNewswire/ — The American Chamber of Commerce in South China (“AmCham South China”) today released its 2018 White Paper…
China’s retiring central bank chief Zhou tipped for Boao Forum – sources
BEIJING (Reuters) – Zhou Xiaochuan, China’s longest-serving central bank governor, is tipped to become the new vice chairman of the Boao Forum — known as Asia’s Davos — after he retires next month, sources said.…
Beijing 2022: How China Plans to Ensure Winter Olympic Success
In 2022, Beijing will co-host the Winter Olympics and become the … The third precondition rests on successful media deals to finance the games. In 1984, the Los Angeles Olympics sought to make the games…
Beijing-Tianjin-Hebei cluster to see organized development
In the first three quarters in 2017, the service sector accounted for 82 percent of Beijing’s total GDP during the period, during which finance, information and technology industries together accounted for more than 50 percent…
China Biologic Reports Financial Results for the Fourth Quarter and Fiscal Year 2017
— 4Q17 Total Sales Up 12.2% YoY and Non-GAAP Adjusted Net Income Down 6.8% YoY in RMB terms, or Total Sales Up 16.1% YoY to $90.1 Million and Net Income Down 226.8% YoY to a…
Beijing takes over Anbang Insurance Group in unprecedented move
But Beijing’s clampdown on risky financial practices since 2016 crippled its fund-raising. “It is a serious problem. There may now be a flood of redemptions coming through,” said Peking University economics professor Christopher Balding. (…
China considers merger of insurance and banking watchdogs, sources say
China is considering plans to merge its banking and insurance watchdogs to bring more order to a fragmented regulatory system and to heed President Xi Jinping’s calls to reduce financial risk. Sources with knowledge of…
