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Category: FINANCE

Posted on 10/06/2023

China Financial Watchdog Vows to Further Open Up, Curb Risks

China will continue to open up its $60 trillion financial market to foreign banks and investment firms, while sticking to the bottom line of preventing systemic risks, the nation’s new top regulator ... ( read original story ...)

Posted on 10/06/2023

Stock market today: Asian shares mostly rise, lifted by bull market on Wall Street

Asian shares are t mostly higher, led by a jump on the Tokyo Stock Exchange where share prices got a boost of optimism from a new bull market on Wall Street ... ( read original story ...)

Posted on 10/06/2023

China Central Bank Governor Reiterates Stable Policy Stance

China’s central bank will keep monetary policy targeted and ensure credit growth is stable, Governor Yi Gang said, keeping the policy stance largely unchanged despite rising calls for more stimulus. ( read original story ...)

Posted on 10/06/2023

Hong Kong’s era? Top finance officials flex city’s offshore yuan hub muscles at Caixin summit, Shanghai’s Lujiazui Forum

Hong Kong’s top finance officials have reiterated the city’s unique role as China’s offshore financial hub, saying the city can promote the yuan’s internationalisation at a time when tensions between ... ( read original story ...)

Posted on 09/06/2023

China’s central bank upbeat on Q2 GDP growth, confident on 2023 targets

China's economic growth is expected to be "relatively high" in the second quarter compared to the prior year, mainly due a low base of comparison, while consumer inflation is projected to be above 1% ... ( read original story ...)

Posted on 09/06/2023

China’s Central Bank Governor Reiterates Stable Policy Stance

China’s central bank will keep monetary policy targeted and ensure credit growth is stable, Governor Yi Gang said, keeping the policy stance largely unchanged despite rising calls for more stimulus. ( read original story ...)

Posted on 09/06/2023

Dalian Wanda vows legal battle as Chinese court freezes US$270 million worth of shares amid stalled Hong Kong IPO

Dalian Wanda Group is ‘confident in defending’ against the freeze but faces liquidity concerns following repeated failures by its unit Zhuhai Wanda Commercial Management Group to get approval for a ... ( read original story ...)

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