Tag: financials

SHANGHAI, Jan. 26, 2017 /PRNewswire/ — IMAX China Holding, Inc. (“IMAX China”, HKG: 1970), today announced it will host its annual conference call to discuss full-year 2016 financial results on Thursday, Feb. 24, at 8:00 a.m. Hong Kong time. ( read original story ...)

Competition from Shenzhen Hong Kong is generally seen as a place for finance, and Hong Kong’s fintech sector keeps growing despite some uncertainty due to regulations from Beijing. Yet, it is also facing increasing competition from Shenzhen. Aside from ... ( read original story ...)

Ant Financial has a big market share in the online payments industry in China. The acquisition could help the company extend the lead as well as expand overseas, as competition is growing in China with rival Tencent's WeChat payment system. US-listed ... ( read original story ...)

Beijing wants banks to adopt the technology to help combat chronic fraud such as fake trade finance deals. Banks including Ping An Bank and Bank of China have unveiled blockchain investments and projects, and around ten banks are ... ( read original story ...)

"I expect to see the ever increasing convergence of fintech and the more traditional financial services sector." REMITTANCES 'A REALLY INTERESTING BRIDGE' China's financial technology companies are on the rise, boosted by rapid digitization and the rise of ... ( read original story ...)

SHANGHAI (Reuters) - China's campaign to cut high debt levels in its economy is aiming this year to shrink the $3 trillion shadow banking sector, which could drain a critical source of income for the country's banks and of funding for its fragile bond market. ( read original story ...)

Beijing residents concerned about breathing the capital's thick grey air are adapting, inventing and even creating businesses to protect the health of their families and others. Some of their efforts could help people around the world. Already this year ... ( read original story ...)

South Korea's finance ministry said in a statement released after a regular government meeting on external economic conditions. Beijing strongly objects to South Korea's decision last year to allow the United States to base a Terminal High Altitude Area ... ( read original story ...)

Qantas has recommenced daily flights from Sydney to Beijing, eight years after scrapping the route because of the global financial crisis, as the airline seeks to lift its share of the lucrative Chinese travel market. Qantas chief executive Alan Joyce said ... ( read original story ...)

WASHINGTON (Reuters) - Apple Inc filed a lawsuit against Qualcomm Inc in Beijing, alleging that the chip supplier abused its clout in the chip industry and seeking 1 billion yuan (115.22 million pounds) in damages, Beijing's Intellectual Property Court ... ( read original story ...)