The market-beating run of China’s biggest liquor distillers are keeping many investors in jubilant mood in a catastrophic year of pandemic. Others are preparing to greet the new year with caution. ( read original story ...)
Jack Ma’s Ant Group Ramped Up Loans, Exposing Achilles’ Heel of China’s Banking System
Partnering with the fintech giant has higher risks for smaller lenders, which are already on shaky ground. ( read original story ...)
Regulator fines Bank of China
SHANGHAI: State-owned Bank of China (BoC) has been fined ¥50.5 million ($7.73m) over irregularities in a loss-making product linked to crude oil, the banking regulator said on Saturday. The China ... ( read original story ...)
Regulator fines Bank of China over loss-making product linked to crude oil
State-owned Bank of China (BoC) has been fined 50.5 million yuan ($7.73 million) over irregularities in a loss-making product linked to crude oil, the banking regulator said on Saturday. ( read original story ...)
JD.com becomes first online platform to accept China’s digital currency
Chinese e-commerce company JD.com Inc said on Saturday it has become the country's first virtual platform to accept Beijing's homegrown digital currency. ( read original story ...)
Huazhu Group Limited Reports Third Quarter of 2020 Financial Results
A total of 6,507 hotels or 634,087 hotel rooms in operation and 2,313 unopened hotels in pipeline as of September 30, 2020. Excluding Steigenberger Hotels ... ( read original story ...)
Flat Lead Predicted For China Stock Market
The China stock market has ended lower in two straight sessions, slipping almost 10 points or 0.3 percent along the way. The Shanghai Composite Index now sits just above the 3,440-point plateau and it ... ( read original story ...)