HONG KONG, Jan. 17, 2017 /PRNewswire/ — Bank of China (Hong Kong) Limited (“BOCHK”), China Mobile International Limited (“CMI”) and China Mobile Hong Kong Limited (“CMHK”) jointly announced that the three corporations have signed a…
Tagged By financials
China’s next big short is stocks, hedge fund manager says
When Kevin Smith realized late last year that China was getting serious about defending its currency, his first move was to dial back bearish bets on the yuan. His second move: double down on wagers…
Beijing Warns Trump on One-China Policy
Jan.15 — Beijing has now warned Donald Trump not to question its claim to Taiwan, saying its one-China policy is not negotiable. This comes one day after the President-elect hinted at a major reset of…
Beijing warns Trump over Taiwan
Two influential Chinese newspapers warn U.S. President-elect Donald Trump that Beijing will “take off the gloves” and Taiwan may be scarified if he continues to provoke Beijing over the self-ruled island once he sworn in.…
China's Sinochem chief dismisses ChemChina merger reports as 'rumour'
at the Asian Financial Forum in Hong Kong. The reports of a possible merger of the two Chinese companies triggered concerns it could complicate China National Chemicals Corp’s (ChemChina) acquisition of Syngenta , which would…
China's Just Getting Started With Funky Finance
China’s love affair with asset-backed securities, the kind of financial product that helped spur the 2008 global credit crisis, has the intensity of a new passion. But for all the concerns about the speed at…
Hong Kong leadership race heats up as China clears way for top officials to run
HONG KONG: China on Monday (Jan 16) approved the resignations of two of Hong Kong’s top officials, including its financial secretary, paving the way for them to contest a March election to become the next…
China should stop intervening in forex market and let yuan float – researcher
SHANGHAI (Reuters) – China should stop intervening in the foreign exchange market, devalue the yuan and let it float freely to restore stability, a senior researcher at a government-backed think tank said. Xiao Lisheng, a…
China should stop intervening in FX market and let yuan float – researcher
SHANGHAI (Reuters) – China should stop intervening in the foreign exchange market, devalue the yuan and let it float freely to restore stability, a senior researcher at a government-backed think tank said. Xiao Lisheng, a…
China Rapid Finance Adds to Awards Haul with Hurun Honor
China Rapid Finance Limited (“CRF” or “the company”), China’s largest consumer lending marketplace in terms of number of loans facilitated, added to its recent haul of awards and recognitions by being named to Hurun Report’s…
China, Europe drive shift to electric cars as U.S. lags
Tighter emissions rules in China and Europe leave global carmakers and some consumers with little choice but to embrace plug-in vehicles, fuelling an investment surge, said industry executives gathered in Detroit this past week for…
Beijing warns Trump: One China 'not negotiable'
Beijing on Saturday warned the US that the One China policy was non-negotiable, after Donald Trump suggested he could abandon the decades-old diplomatic principle and boost ties with Taiwan. “It is not up for negotiation,”…
How China's Asian Infrastructure Investment Bank Fared Its First Year
The China-conceived Asian Infrastructure Investment Bank (AIIB) will celebrate its first year of operations on January 16, having invested in nine projects across Europe, Asia and the Middle East. When the AIIB was announced, critics…
