Financial Insights That Matter Sept 1 (Reuters) – Chinese newspapers available in Beijing and Shanghai carried the following stories on Monday. Reuters has not checked the stories and does not vouch for their accuracy. CHINA SECURITIES JOURNAL – The Shanghai Stock Exchange organised a computer system test over the weekend to prepare for the future […]
Financial Insights That Matter CHINA LIT (0772.HK) Stock Forum & Discussion – Yahoo Finance Boost Your Financial Knowledge and Achieve Stability Discover a growing online community dedicated to delivering financial news, tips, and strategies designed to help you manage money effectively, save smarter, and grow your investments with confidence. Top Financial Tips for Saving and […]
Financial Insights That Matter Economy News – China Banking News Boost Your Financial Knowledge and Achieve Stability Discover a growing online community dedicated to delivering financial news, tips, and strategies designed to help you manage money effectively, save smarter, and grow your investments with confidence. Top Financial Tips for Saving and Investing Personal Finance Management: […]
Financial Insights That Matter BEIJING, May 28, 2020 /PRNewswire/ — China Finance Online Co. Limited (“China Finance Online”, or the “Company”, “we”, “us” or “our”) (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese retail investors with fintech-powered online access to securities trading services, wealth management products, securities investment advisory services, as […]
Financial Insights That Matter HONG KONG (AP) — China’s economic growth missed forecasts in the second quarter of the year, adding to worries over surging youth unemployment and a weak property sector and raising the likelihood the government will double down on support for the faltering post COVID-19 recovery. The world’s second largest economy grew […]
Financial Insights That Matter * Mid-tier banks keep deposit rates high to attract clients * Net profit to shrink faster at small banks this year * Small banks diversify loan base, offer new products By Shu Zhang and Matthew Miller BEIJING, July 1 (Reuters) – Scrambling to attract funds in a downward market, Chinese mid-sized […]
Financial Insights That Matter Tencent Holdings Ltd. has invested US$40 million in Yuanfudao, the largest strategic investment made by the Chinese Internet giant in the K-12 online learning and teaching sector, according to Chinese media reports. “Yuanfudao is building a brand new mobile and online education product,” says Li Chaohui, a manager at Tencent’s M&A […]
Financial Insights That Matter Chinese stocks rallied on Monday after the country signaled a more aggressive approach to stimulus next year. Beijing’s top leaders revealed they will embrace a “moderately loose” monetary policy and a “more proactive” fiscal policy, according to China state media Xinhua News Agency. “Relative to the low market expectations prior to […]
Financial Insights That Matter SHANGHAI/SINGAPORE (Reuters) -China’s central bank rolled over maturing medium-term policy loans and kept the interest rate unchanged as expected on Monday, however markets expect authorities will need to unleash more stimulus to support slowing economic growth. The economic recovery has lost momentum after an initial burst in the first quarter, prompting […]
Financial Insights That Matter For the latest news on U.S.- and Hong Kong-traded Chinese stocks, visit our new Bamboo Works site. Bottom line: NetEase is likely to complete a spin-off of its news division, possibly through a sale to Sina, while Postal Savings Bank’s massive IPO will meet with tepid reception due to limited growth […]