The northbound trading link of the Swap Connect between the Chinese mainland and the Hong Kong Special Administrative Region will commence on May 15, with the initial eligible products including …
Tagged By financials
Emerging markets draw net inflows in April; China sees outflows
Foreign investors funneled nearly $10 billion into emerging market portfolios in April, with Asia taking the lion’s share despite net outflows from China, data from the Institute of International …
The Impact of the Digital Yuan on China’s Balance of Payments
In recent years, China has been making strides towards becoming a major player in the global financial market. One of its latest developments is the creation of the digital yuan, a central bank …
Battle for China’s electric SUV market heats up at home and abroad
China is ground zero for the price war in electric vehicles and the battleground is shifting to SUV-styled EVs, the largest segment of the market, dominated by Tesla Inc and BYD , .
China’s New Foreign Minister Meets US Envoy for First Time
Chinese Foreign Minister Qin Gang met US Ambassador Nicholas Burns in the highest-level meeting in weeks between the world’s biggest economies, signaling that Beijing may soon allow more senior-level …
EXCLUSIVE-HSBC reaches deal to buy out China fund partner -sources
HSBC has agreed to buy out its China fund management joint venture partner, two people familiar with the matter said, as the Asia-focused bank pushes ahead with expansion in the world’s second-largest …
Berkshire Hathaway sells $58.9 mln worth of shares in China’s BYD
Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.96 million Hong Kong-listed shares of electric vehicle maker BYD for HK$462.09 million ($58.9 million), a stock exchange …
China using its currency to insulate against future sanctions
In the last year, a drive to insulate China’s economy from dollar-based sanctions has emerged as possibly the most important incentive for decoupling from the dollar, as China looks to prepare for the …
Chinese Bank Stocks Soar, Adding $166 Billion in Trading Frenzy
Chinese bank shares surged, with some posting their biggest one-day gains since the country’s 2015 equity bubble, after more lenders cut deposit rates and further progress on state-owned enterprise …
China’s Forex Reserves Swell to $3.2 Trillion; Why is Beijing Keeping Huge Currency War Chest?
China’s foreign exchange reserves have been rising steadily since 1997, from 15 percent of the gross domestic product around that time to more than 40 percent currently.
China property bonds’ road to recovery fraught with risks amid drawn-out restructurings, gloomy sector outlook, and volatile markets
China’s high-yield property bonds are likely to continue along a bumpy road, as they turned to losses so far this year after a strong rally, Allianz Global Investors says.
World can live with US-China competition that stays clear of violence
From talent to tech, markets may be partially decoupled or fully severed. But in a civilised contest, acts of violence – particularly war – would be out of the question China may have reopened but…
Eacop financing swings to China as its firms hog deals
Project is falling behind schedule after many risk-averse banks pulled out of the …
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