Banking & Finance « Week In China - Part 5

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.

Banking & Finance

1 2 3 45 6 7 8 9... 38

Why Alibaba bought a stake in OpenRice
Jan 26, 2018 (WiC 395)

For thousands of years, Chongqing proved to be the toughest territory for any external power to seize. Surrounded by steep mountains, and located at the confluence of the Jialing River and Yangtze River, it took 36 years for the bellicose ...

Hong Kong stock market hits an all-time high
Jan 19, 2018 (WiC 394)

For a number of millennia, alchemists attempted the impossible feat of turning lead into gold. Likewise, in the past week Chinese newspapers have been trumpeting similarly magical forces at work across the country’s equity ...

Another lapsed acquisition points to HNA Group’s ongoing liquidity woes
Jan 12, 2018 (WiC 393)

“Be honest and straightforward.” It is one of the pledges every new employee has to sign up to when they join Value Partners, an asset manager listed in Hong Kong. What, wonders WiC, would those employees have made of that pledge if an ...

Will HKEx’s rule change attract the listings of Chinese tech giants?
Jan 5, 2018 (WiC 392)

There are 51 blue chips in Hong Kong’s Hang Seng Index. The heaviest constituents are Tencent and HSBC, with both shifted to a 10% weighting in the benchmark index following its latest reshuffle in November. Should Alibaba have picked Hong ...

China’s super regulator prepares new rules for shadow banking
Dec 1, 2017 (WiC 390)

When Alan Greenspan stepped down as Federal Reserve chairman in 2006 he was described as one of the greatest economic strategists of his generation. Barely two years later – and in the wake of the worst banking crisis since 1929 – he was ...

CSRC bans “female Buffett” from share trading
Nov 24, 2017 (WiC 389)

For Chinese viewers Zhao Wei is best known for her role as “Little Swallow” in the 1998 TV series My Fair Princess but more recently she has earned the more titanic reputation as “China’s female Buffett” or even “the ...

China to remove ceiling for foreign ownership in financial firms
Nov 17, 2017 (WiC 388)

It is almost 11 years since the first meeting of the China-US Strategic Economic Dialogue in Beijing. The brainchild of the then US Treasury Secretary Hank Paulson, it covered a wide range of issues but one in particular was consistently pushed ...

China is on track to develop the world’s largest cashless economy
Nov 3, 2017 (WiC 386)

China has been credited as the place where paper money was invented, appearing first as unofficial IOUs written by Sichuanese merchants, and later as government-backed alternatives to metal coins. Today the Chinese are edging away from this much ...

Chinese micro-lender Qudian completes fourth-largest IPO this year
Oct 27, 2017 (WiC 385)

Issuing credit to people with no credit history has always been challenging for lenders. The problem gave birth to some innovative solutions. Consumer loan issuer CashBUS, for example, evaluates the creditworthiness of its customers by ...

Why four year-old ZhongAn Insurance has become an investor darling
Oct 20, 2017 (WiC 384)

Jack Ma, Pony Ma and Peter Ma could be termed China’s ‘thoroughbred trio’. The three tycoons share the same surname – Ma – which means ‘horse’ in written Chinese. So perhaps it’s no coincidence that investors seem ready to have a ...

1 2 3 45 6 7 8 9... 38