China will keep the macro leverage ratio basically stable in 2021, the country's central bank governor has said. The COVID-19 blow to the Chinese economy led to a hike in the ratio of the country's ... ( read original story ...)
Shanghai underlines efficiency, quality at SOEs
China's Central Committee for Deepening Overall Reform had reviewed and approved the three-year (2020-22) action plan for SOEs in late June. On Dec 10, Shanghai's municipal government released its own ... ( read original story ...)
Profit Taking Anticipated For China Stock Market
The China stock market has climbed higher in six straight session, gathering more than 200 points or 3 percent in that span. The Shanghai Composite Index now rests just above the 3,575-point plateau ... ( read original story ...)
Jack Ma’s Ant IPO Tests China’s Tolerance of Entrepreneurship
That attention has been heightened due to one of the superstars of China's growth story, Jack Ma, seemingly finding himself the target of China's ruling party. Ma has been largely absent after pulling ... ( read original story ...)
China’s fintech platforms face increased scrutiny amid broader regulatory efforts to rein in financial risks
Fresh comments by People’s Bank of China are the latest example of how Beijing’s increasing focus on financial security is reshaping the world’s second-largest economy and second-largest capital ... ( read original story ...)
Qiming Venture Partners’ Portfolio Company APT Medical Listed on STAR Board of Shanghai Stock Exchange
Qiming Venture Partners’ portfolio company APT Medical (SHSE: 688617) today successfully listed on the Science and Technology Innovation Board (the STAR Board) of Shanghai Stock Exchange. The issue ... ( read original story ...)
Shanghai FTZ’s Lingang Debuts Pilot to Let Foreign Firms Skip Yuan Bank Account
An area of Shanghai's Pilot Free Trade Zone has launched a pilot to relax bank account requirements to ease foreign cash inflows. Foreign-funded firms located in the Lingang Special Area of the China ... ( read original story ...)