Markets
Hong Kong Breaks Months' Peace to Intervene in Forex Rate Decline, Hang Seng Slides
Hong Kong's monetary authority intervened in the exchange rate of the Hong Kong dollar for the first time since May…
MSCI Moves Ahead With Next Phase of Chinese Equity Inclusions
Global index compiler MSCI will proceed with a planned second phase of partial inclusion of mainland Chinese equities to benchmarks,…
China’s Push for Inclusive Finance Is Progressing Steadily, PBOC Says
Chinese services aimed at making finance more inclusive developed steadily last year, with the number of unbanked citizens becoming almost…
CSRC Fines Pharma Share Fiddler, Fingers Film Star
The China Securities Regulatory Commission punished a huge stock price manipulator last week. Gao Yong, a natural person, used 14…
China Huarong Projects a Drop in Profits Due to Loans, Bear Market
China Huarong Projects a Drop in Profits Due to Loans, Bear Market. State-owned bad-debt manager China Huarong Asset Management warned…
Chinese Cheats Play Plane Ticket Tricks as Trump Trashes Turkey's Lira
Reports have swirled online since the weekend that if one buys a ticket on the international website of Ctrip.Com International,…
China Literature Buys New Classics Media for USD2.25 Billion
Online literature platform China Literature plans to buy New Classics Media lock, stock and barrel for up to CNY15.5 billion (USD2.25 billion), it said in a statement yesterday.
Podcaster Ximalaya FM Denies USD581 Million Funding From Tencent, Goldman Sachs
Chinese audio sharing platform Ximalaya FM has rebutted claims that it has secured a funding worth CNY4 billion (USD581 million).
Investment Bankers, Brokers See Salaries Cut as Firms Scramble for New Business
Stocks' Downturn Slashes Brokers', Bankers' Wages; Forces to Broaden Business
PBOC Weakens Yuan Most in Nine Days, Setting It at Lowest Versus Dollar in a Year
PBOC Weakens Yuan Most in Nine Days, Setting It at Lowest Versus Dollar in a Year
Yuan's Internationalization Takes Years, Includes Trade-Offs, Former PBOC Chief Says
Yuan's Internationalization Takes Years, Includes Trade-Offs, Former PBOC Chief Says. The internationalization of the yuan should be carried out in…
China Issues First Asset-Backed Notes via Bond Connect
China issued the first of two batches of asset-backed notes in recent days following the start of the bond connect, to which overseas investors can subscribe.