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Summary China is seeing another COVID spike. This may lead to a scale back of its economy reopening plan. The SPDR GXC China ETF looks relatively worse positioned vs MCHI, possibly driven by higher exposure to lockdown sensitive sectors. My technical analysis view using the Trend Fl...
China Construction Bank Corporation (CICHY) 2022 Interim Results Announcement Earnings Conference Call August 31, 2022 3:00 AM ET Company Participants Hu Changmiao – Board Secretary Zhang Jinliang – President Cheng Yuanguo – Chief Risk Office...
Hong Kong 'ideal listing destination' for ASEAN companies HONG KONG, May 27, 2022 - (ACN Newswire) - Hong Kong has been named as an ideal overseas listing destination for Association of Southeast Asian Nations (ASEAN) companies in a research report^ prepared by the Hong Kong T...
Chinese banks increased their lead as the biggest financial institutions in the world in 2021 and U.S. banks also improved their rankings while many European banks lost ground, according to S&P Global Market Intelligence's annual ranking of the 100 largest banks in terms of tota...
China Construction Bank Corporation (CICHY) Q4 2021 Results Conference Call March 30, 2022 04:00 AM ET Company Participants Changmiao Hu - Secretary of the Board Guoli Tian - Chairman Zhihong Ji - Vice President Zhang Min - Vice President Yuanguo Cheng - CRO Conference Call Participants Ran X...
The People’s Bank of China will cut the required reserve ratio for financial institutions by 0.5 percentage points on Dec. 15, 2021, a move that injects liquidity into the country’s economy.. That will bring the weighted average RRR for financial institutions to 8.4% after the r...
China continues to tighten the rules on its domestic tech sector, saying Tencent (OTCPK:TCEHY) must get approval from regulators to send out updates for its apps. The process could take up to seven days, according to state broadcaster CCTV. The new ruling comes after China's Ministry of Indus...
Financial assets crashed worldwide on Monday as the second-largest property developer Evergrande collapsed. China has been in a property bubble for years, with home price-to-income ratios over 30X and the development of numerous vacant cities around the country. The PBOC already h...
Jack Ma's first public appearance after nearly three months of speculations about his well-being was the biggest news of the week. It reaffirmed the rationalized manner in which the authorities are investigating the alleged transgressions of the business practices. Key KWEB ETF ho...
Five of China's biggest banks, which account for more than one-third of the industry's total assets, all said net profit fell more than 10% year-over-year in the first half of 2020, according to new stock exchange filings. More news on: Industrial and Commercial Bank of China Limited, Agri...
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Hong Kong: An ideal listing destination for Middle East companies HONG KONG, Dec 20, 2023 - (ACN Newswire) - Hong Kong is an ideal listing destination for Middle East businesses, according to a new joint report by the Hong Kong Trade Development Council (HKTDC) and CCB International...
Shares in Hong Kong and China dropped Thursday on a slew of bad economic data from the housing and financial sector. The Hang Seng Index fell 2.5% ...
Hong Kong 'ideal listing destination' for ASEAN companies HONG KONG, May 27, 2022 - (ACN Newswire) - Hong Kong has been named as an ideal overseas listing destination for Association of Southeast Asian Nations (ASEAN) companies in a research report^ prepared by the Hong Kong T...