China’s economy is faced with a rapidly ageing society and looming population peak, as well as a technology rivalry with the West, and its financial system must respond to aid its transition, …
Tagged By financials
China broadens foreign access to financial, commodity derivatives market
China opened its financial and commodity markets further to foreign investors on Friday, allowing qualified overseas institutions to trade broadly domestic futures and options instruments.The move is …
China looks for balance between stable growth and risk prevention
A good balance should be struck between stable growth and risk prevention so that financing to the property sector can be provided steadily and orderly, Zhou Liang, vice-chairman of the China Banking …
Beijing bourse sees 110 listed firms with market value close to 200b yuan
A total of 110 companies have been listed on the Beijing Stock Exchange as of Friday, with a combined market value of nearly 200 billion yuan ($29 billion). Established in November 2021, the Beijing …
China further opens its domestic derivatives market
China opened its financial and commodity markets further to foreign investors on Friday, allowing qualified overseas institutions to trade broadly domestic futures and options instruments. The China …
China Arrests more than 200 Suspected Bank Scammers
Chinese authorities arrested more than 230 suspected bank scammers in Henan, China’s third-most populous province, police in Xuchang city said on Monday.
China Green Bulletin: Foreign Banks Join PBOC Green Lending Program, Chongqing Is the Next Green Finance Hub
You are receiving the free biweekly version of China Green Bulletin. Sign up here for our email to keep up to date on green, energy and ESG news out of China. The People’s Bank of…
China to enhance Hong Kong’s status as a global financial hub, adding overseas stocks to cross-border trading scheme
An expansion of the eight-year-old Stock Connect scheme will for the first time give mainland traders access to overseas companies listed in Hong Kong, an official said on Friday.
China investigating former Henan financial regulation official
Mr Chen Yimin is being investigated for suspected ‘severe violation of discipline and law’. Read more at straitstimes.com.
Fund managers shun China property bonds on default risks
Fund managers are cutting their holdings in Chinese property bonds by half or even more as the sector lurches from crisis to crisis and blows a deep hole in asset managers’ performance. According to …
Beijing bourse sees 110 listed firms
A total of 110 companies have been listed on the Beijing Stock Exchange as of Friday, with a combined market value of nearly 200 billion yuan (about 29 billion U.S. dollars). Established in November …
Report shows how fintech drives green finance in China
A report on how fintech drives green finance in China was released online in Beijing on Wednesday by the Paulson Institute and the Institute of Finance and Sustainability (IFS). The report, the third …
CHIPS won’t be enough; America will need more to stave off China’s technological challenge
President Biden signed the CHIPS and Science Act. The bill provides $52 billion to support semiconductor manufacturing through subsidies and tax credits while providing $200 billion …