China’s central bank reiterated Friday in a quarterly report that it will implement a prudent and neutral monetary policy while keeping liquidity basically stable. The People’s Bank of China (PBOC) said it will work to…
Tagged By financials
UPDATE 1-China central bank says to tighten oversight of company debt, bank assets
BEIJING Feb 17 China’s central bank said on Friday it plans to tighten up its oversight in a range of areas including corporate debt and bank assets, as policymakers fret over fast-rising leverage and the…
China’s insurance regulator tightens licence approvals to cool sector
have been reiterating since late last year that insurance companies “should not be used as a bank machine or a financing platform”, after several insurance-backed moguls initiated aggressive takeovers that resulted in boardroom raids in…
Report: Bank of China to pay fine in Italy money-laundering
MILAN – Italian media says the Bank of China has agreed to pay a 600,000-euro ($640,000) fine as part of a plea deal in a 4.5-billion-euro money laundering probe. The news agency ANSA reported that…
Bank of China : Hong Kong's Inaugural Money Month Launched
HONG KONG, Feb 18, 2017 – (ACN Newswire) – The Investor Education Centre (IEC) today launched “Money Month,” Hong Kong’s first territory-wide financial education campaign under its cross-sectoral collaboration platform “Hong Kong Strategy for Financial…
Central bank continues net cash injection in money market
BEIJING – China’s central bank made a net cash injection via open market operations for the second consecutive day Friday in an effort to ease a cash strain. The People’s Bank of China conducted 150…
China’s retail investors grapple with a new investment challenge… the sunset of high-yield insurance products
A source at a joint stock bank in Shanghai said the bank used to sell universal … assets and liabilities that could spill over to a broader economy. In December, China Securities Regulatory Commission chairman…
China central bank says to tighten oversight of company debt, bank assets
BEIJING China’s central bank said on Friday it plans to tighten up its oversight in a range of areas including corporate debt and bank assets, as policymakers fret over fast-rising leverage and the risk of…
Beijing will trust me with Hong Kong’s top job, John Tsang says
“Since 1999, when I became a principal official, I have maintained a good relationship with all my counterparts in Beijing and the relationship has been cordial and constructive. I believe that it would continue to…
China's Bitcoin Drama Isn't A Financial Meltdown
China, currently the world’s largest Bitcoin trader, has caused some complications for the cryptocurrency since the beginning of the year. The amount of Bitcoin traded in the country has plummeted from 10 million a day…
In China, consumers seem to shrug off deadly bird flu outbreak
SHANGHAI (Reuters) – Four years ago, a bird flu outbreak in China killed at least three dozen people, triggered mass poultry culling, put masks on millions of Chinese faces and hammered shares in fast food…
China Cord Blood Corporation to Report Third Quarter and First Nine Months Fiscal 2017 Financial Results
China Cord Blood Corporation (NYSE: CO) (the “Company”) today announced that it plans to release financial results for the third quarter and first nine months fiscal year 2017 on Friday, February 24, 2017, after the…
China eases restrictions on stock index futures trading
The Shanghai-based China Financial Futures Exchange (CFFEX) announced on Feb 16 that it was easing restrictions on domestic stock index futures trading. [Photo/VCG] BEIJING – The Shanghai-based China Financial Futures Exchange (CFFEX) announced late ……
