Authorities in Hong Kong and mainland China are in consensus on a number of measures that will enhance the cross-border Wealth Management Connect and Bond Connect schemes, the city’s de facto central …
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Xinhua Headlines: Six things to watch in China’s economy
China has carried out a raft of measures to reassure entrepreneurs, including removing more barriers in market access, further reducing taxes and fees to save 1.8 trillion yuan for businesses this …
Hong Kong, mainland China regulators agree to enhance wealth management and bond connect schemes during 3-day Beijing visit, HKMA CEO says
Details about changes to the wealth management and southbound bond connect schemes to be announced ‘soon’, HKMA CEO Eddie Yue says Mainland officials support the strengthening of Hong Kong’s …
Tech, China, Central Bank Outlooks Blunt Asian Stock Markets
Asian stock markets were largely mixed and muted Friday as traders awaited stimulus signals from Beijing and weighed tech-sector values. Pending meetings by three major central banks next week, the …
Vincent Boland: Trouble in China could signal problems for the global financial system
For two decades the world’s second largest economy has seen relentless growth but now it appears to be stalling – or worse, its boom could be over entirely …
China issues draft to ease rules on foreign investment in asset management firms
China’s National Financial Regulatory Administration (NFRA) on Friday issued a draft on easing rules on foreign investment in asset management businesses as part of efforts to attract overseas …
Explainer: Dalian Wanda’s repayment woes weigh on China property sentiment
The market is closely watching whether a unit of Dalian Wanda Group will make a repayment deadline for a $400 million dollar bond early next week, as a failure would weigh on already weak market…
China agrees to reschedule $2 billion debt of Pakistan
The Economic Coordination Committee (ECC) of the Cabinet, chaired by Finance Minister Ishaq Dar on Thursday, approved the revised terms of the agreement reached between Islamabad and Beijing, …
China Stock Market May Be Stuck In Neutral On Friday
(RTTNews) – The China stock market headed south again on Thursday, one day after ending the two-day slide in which it had dropped almost 40 points or 1.3 percent. The Shanghai Composite Index now sits…
China’s Fiscal Spending Growth Narrows in First Half as Economy Slows Down
China’s fiscal spending will increase in the second half because there are sufficient projects and funds, said Zhang Yu, chief macro analyst at Huachuang Securities. The broad fiscal expenditure …
China agrees to reschedule $2 billion debt
China has agreed to reschedule over $2 billion publicly guaranteed debt of Pakistan for a period of two years, providing a major relief to the government that is in the process of rebuilding foreign …
Former vice-president of China Development Bank under probe
BEIJING — Wang Yongsheng, a former vice-president of China Development Bank, is under disciplinary and supervisory investigation, according to an official statement released Thursday.
Once China’s top securities regulator, disgraced official is now an adviser to its central bank
The 61-year-old’s new job was first reported by Guangdong-based financial publication China Fund News on July 8. Do you have questions about the biggest topics and trends from around the world? Get …