China
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Breaking News
Beijing Stays on the Sideline as Trader Builds Up Leverage in the Financial System
Chinese financial institutions are building up leverage while the gatekeeper is like to stand on the sideline to boost liquidity in the economy
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Breaking News
Tencent Requires Approval from State Before Publishing New Apps or Updates
Chinese authorities citing data protection violation on serveral occasions mandated Tencent to seek prior approval before launching of new apps and updates
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Breaking News
Chinese Developer Kaisa Group Seeks to Entexd Maturity of Offshore Bond
Chinese real estate developer holding second most offshore debt after Evergrande in a staetment seeks to extend maturity of offshore bond of $400 million
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Breaking News
Offshore Bondholders of Kaisa Group Seeked Advisers Help on Overdue Payments
Bondholders of indebted Kaisa Group in talk with advisers after payment fell overdue
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Breaking News
China Maintains Benchmark LPR
People's Bank of China kept benchmark loan prime rate unchanged for 19th straight month
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Breaking News
Evergrande Removed from Hang Seng’s Major Index
Hang Seng index authority removed Evergrande from one of its major index; Evergrande's electric vehicle unit's shares fell after the unit sold 900 million shares to boost liquidity
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Breaking News
Default of Evergrande Still Likely, says S&P
Credit rating agency S&P in a report noted Evergrande still poses significant risks to default
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Breaking News
China’s State Reserve Bureau Reportedly Releasing Crude Oil
State Reserve agency of China is facilitating the release of crude oil, earlier U.S. made request to some countries including China for coordinated strategic reserve release
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Breaking News
Evergrande’s Chairman Injected Liquidity to Company at Disposal of Personal Assets
Chairman of Evergrande in an effort to boost liquidity injected 7 billion yuan at disposal of his personal assets
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Breaking News
Asia Equities on Upbeat after U.S. – China Talk and Ease in Chinese Property Market
Major indexes in Asia are trading on optimism pricing in easing tensions between U.S. and China and tightness in the Chinese property market
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Breaking News
President Xi and Biden Ended Virtual Meeting on Positive Note to Ease Tensions
Premier of U.S. and China on a virtual meeting on Monday reached consensus to ease relationship between the two countries on mutual cooperation
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Breaking News
Beijing Stock Exchange Rang its Opening Bell Underpinning Common Prosperity Goals
Beijing stock exchange, an exchange for SME's in China on official launch saw 10 IPO stocks breaking circuit breaker