A study commissioned by Greenpeace has found out that China massively expanded its steelmaking capacities last year, despite pledging to cut output amid a steel glut that has led to a global crisis in the…
Tagged By financials
China Focus: Inflation quickens on firming economy, monetary policy in focus
For China’s economy as a whole, the PPI data offered a broad positive as rising prices could boost corporate profits and help contain financial risks. Tuesday’s data also showed the consumer price index (CPI) grew…
China to avoid bank shock, reach high income: Morgan Stanley
Hong Kong: China will likely avoid a financial crisis and is on track to reach high income status by 2027, according to a new Morgan Stanley report on the nation’s longer-term prospects titled “Why we…
China's obsession with skyscrapers reaches new heights
As an example, China’s financial conglomerate Ping An last month completed the 600-metre, 115-storey Ping An International Finance Centre in Shenzhen’s central business district, which surpassed One World Trade Center in New York City to…
Estée Lauder praised for digital achievements in China
So much so, that it has been rewarded for its efforts as two of its brands have joined the list of China’s top 10 beauty brands. L2, an intelligence provider, compiled performance data through its…
Inflation picks up to multi-year highs in China as central bank eyes tighter policy
BEIJING China’s producer price inflation picked up more than expected in January to near six-year highs as prices of steel and other raw materials extended a torrid rally, adding to views that global manufacturing activity…
Bank focuses more on compliance risk control
Bank of China said on Monday it is placing greater focus on and devoting more resources to manage compliance risks and meet anti-money laundering rules in other countries, as it expands globally to serve Chinese…
China stocks close higher as central bank resumes cash injec
BEIJING, Feb. 13 (Xinhua) — Chinese stocks rose for the fourth straight trading day on Monday as liquidity concerns eased after the central bank resumed cash injections into the money market. The benchmark Shanghai Composite…
Hong Kong’s historic old Bank of China building set for new life as private bank headquarters
Bank of China (Hong Kong) will convert its current historical old Bank of China building in Central into regional headquarters for its private banking unit as it expand services to capture the business of the…
China Construction Bank : CCB keen to fill funding gap
China Construction Bank (CCB), the world’s second biggest bank, wants to become more involved in funding New Zealand infrastructure and housing projects as the country becomes less reliant its traditional lenders — Australia’s big four…
China’s yuan weakens, money rates fall as People’s bank of China resumes open market operations
China’s yuan weakened against the dollar on Monday as hopes of major US tax reforms continued to boost the greenback. The People’s Bank of China set the official yuan midpoint rate at 6.8898 per dollar…
China Everbright Bank : 2017 first extraordinary general meeting circ…
If you are in any doubt as to any aspect of this circular or as to the action to be taken, you should consult your licensed securities dealer, bank manager, solicitor, professional accountant or other…
China Finance Online's Yinglibao Wins 2016 Leading FinTech Companies Award
2017 /PRNewswire/ — China Finance Online Co. Limited (“China Finance Online”, or the “Company”, “we”, “us” or “our”) (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese retail investors with online access…
