Sorry, you have not enabled Javascript for your internet browser, so some of our website's pages may not render as fully as intended.
Please Click here for easy instructions on how to enable Javascript on your browser or consult your IT support staff for help.

News on Banking & Finance in China

1 2 3 4 5... 43

Two IPOs that underscore China’s ‘consumption upgrade’ trend continues
Jan 22, 2021 (WiC 525)

The debate about whether Chinese consumers are upgrading or downgrading their lifestyles is a never-ending one (see WiC515). The nearly 4% contraction in consumer spending last year, for example, is widely cited as evidence that the ...

Time to take stock

Who will head Hong Kong’s bourse – now more valuable than those in US
Jan 15, 2021 (WiC 524)

In Chinese mythology, dragons symbolise great power. They wield it as the deities of moving water and can generate both floods and typhoons. Right now a very large ‘red’ dragon can be spotted in Hong Kong, thanks to a flood of capital ...

Lufax looks for profit in new loan landscape
Dec 11, 2020 (WiC 522)

China’s P2P industry, or ‘peer-to-peer lending’, is no more. Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission (CBIRC), announced this week that the number of operators had been “zeroed out” by mid-November, ...

Ant: the aftermath

Failed fintech deal could have consequences for future Chinese IPOs
Nov 13, 2020 (WiC 518)

Picture the scene. It’s the largest equity deal of the year in Hong Kong and the mood is celebratory: overwhelming investor demand means the IPO can be priced at the very top of its marketed range. Investment bankers are popping the ...

World’s largest IPO pulled at last minute in major shock for investors
Nov 6, 2020 (WiC 517)

For investors stunned by the last-minute shelving of Ant Group’s $35 billion IPO on Tuesday, it is worth rewinding to the Bund Summit in Shanghai last week. Jack Ma, Alibaba’s founder and a major shareholder in Ant, was giving a keynote ...

Strength in numbers

Ant Group delivers the world’s biggest ever IPO – why the excitement?
Oct 30, 2020 (WiC 516)

“I have heard many banks saying they will lend more to small and medium-sized enterprises. I have been hearing this for five years but how many banks are actually doing this? If the banks don’t change, we will change the banks.” So said ...

Opening the sluice gates

Chinese hydropower firm latest to opt for a dual listing in London
Oct 30, 2020 (WiC 516)

When the London Stock Exchange wanted to get in touch with far-flung members in Hong Kong in the late nineteenth century it would send them a telegram. They typically took 80 minutes to arrive, although that was much faster than messages ...

Robert Kuok’s food firm is now the most valuable ChiNext stock
Oct 23, 2020 (WiC 515)

Two years before founding his agribusiness conglomerate Wilmar International in Singapore, Kuok Khoon Hong – nephew of Malaysian tycoon Robert Kuok – had already sought to upend China’s edible oil market. Since 1991, when Kuok launched the ...

Brokering a deal

Ex-Citic team acquires Sinolink Securities
Oct 9, 2020 (WiC 514)

According to The Classic of Mountains and Seas, or Shanhaijing, a text on ancient creatures and sacred geography that has circulated in China for thousands of years, a bashe is a giant snake capable of swallowing an ...

Running with the herd

Why a cattle firm has come to epitomise ChiNext’s bull market run
Sep 18, 2020 (WiC 511)

After gaining nearly 40% so far this year, Shenzhen’s ChiNext is one of the best performing stock markets across the world’s major economies. And one of the companies that has come to symbolise the Nasdaq-style board’s bull run is – ...

1 2 3 4 5... 43