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

12 3 4 5 6... 43

Taking the strain

Investors bet on China’s robotics future
Sep 11, 2020 (WiC 510)

Aside from qualified engineers most people may not be familiar with ‘strain wave gearing’, a type of speed reducer for precise positioning applications. It was invented in 1955 in the US and at first nobody was sure how to put it into use. ...

The bleak outlook for China’s ATM makers
Aug 28, 2020 (WiC 508)

The automatic teller machine was the greatest banking invention ever, former Federal Reserve Chairman Paul Volcker once remarked. The first ATM machine to be installed in China appeared in 1987 in Zhuhai’s special economic zone. That was ...

Stars of the STAR Market

How is China’s Nasdaq-style board faring a year after its launch?
Jul 31, 2020 (WiC 506)

Launched in November 1999, Hong Kong’s Growth Enterprise Market was the first attempt to create a China-focused answer to Nasdaq. Hopes were high that it could replicate the US bourse’s success, turning lossmaking start-ups into ...

Tomorrow: yesterday’s firm?

Troubled financial group fires back at ‘nationalisation’ push
Jul 24, 2020 (WiC 505)

Anbang Insurance and Tomorrow Group were two of China’s fastest growing financial powerhouses – that is, until they fell foul of the regulators in the aftermath of the infamous stockmarket meltdown of 2015. The pair have since dwindled in ...

Bigger is better

The recent rally in China’s A-shares anticipates a landmark regulatory shift
Jul 17, 2020 (WiC 504)

In 1933 Franklin Roosevelt signed an emergency act – commonly known as Glass-Steagall – to restore confidence in an American financial system that had been battered by the Great Depression. One important outcome was the separation of ...

Heading for the exit

Sina to leave Nasdaq in another sign of Chinese firms departing the US
Jul 17, 2020 (WiC 504)

In August 1999 China.com was the first ‘Chinese internet stock’ to go public in the US. It had almost everything going for it in order to be successful in the dotcom boom. Trading under the symbol “CHINA”, the Hong Kong-based firm owned ...

China’s biggest ever gold scam rocks the already shaky trust sector
Jul 10, 2020 (WiC 503)

A group of Chinese trust companies have just had the shock of their lives at the hands of Nasdaq-listed Kingold Jewelry. Some 83 tonnes of gold bars that they had accepted as collateral against Rmb20 billion ($2.8 billion) in loans to Kingold ...

It’s all about the money

Is the PBoC’s new digital currency a threat to Alipay and WeChat Pay?
Jul 3, 2020 (WiC 502)

Despite all the talk of China’s achievements in next-generation technology, there is still a startling digital divide in parts of its domestic economy. There was another reminder of that last month when a man from Anhui was stopped from ...

Shanghai tweaks its benchmark to boost its sluggish performance
Jul 3, 2020 (WiC 502)

Whether a stockmarket index is considered a ‘benchmark’ or not often comes down to how often it gets mentioned in the media. But the Shanghai Composite Index (SHCOMP) in China is classed as one simply because it has been around the ...

Long distance relationships

Which A-share firms have the highest proportion of foreign shareholders?
Jun 19, 2020 (WiC 500)

In the 1950s, retail investors accounted for more than 90% of ownership of the US share market, according to Citic Securities. That percentage has dropped to less than 10% as institutional investors have taken over. China’s A-share market ...

12 3 4 5 6... 43