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CashNews.co From Wikipedia, the free encyclopedia China Securities Finance Corp., Ltd. (CSF) is a Chinese state-owned financial services company founded in 2011. The company funded securities firm of China (firm that provides investment banking and brokage) for their margin business as well as lending securities for short selling business.[2] In 2015, the share capital of […]
CashNews.co At the 2024 Tsinghua PBC Chief Economist Forum held in Beijing, China’s former Vice Minister of Finance Zhu Guangyao said that China should closely monitor international developments on cryptocurrencies and related policy changes. Understanding these changes is crucial to the advancement of China’s digital economy, he argued. Zhu acknowledged both the potential benefits and […]
CashNews.co China experienced a substantial drop in foreign investment in November, reaching its lowest point in nearly four years. The actual foreign capital utilized by the country amounted to 53.3 billion yuan ($7.5 billion) last month, marking a notable 19.5% decrease compared to the same period last year. These findings, based on calculations by Bloomberg […]
CashNews.co 293 BEIJING (Reuters) -China has changed the rules for consumer finance firms for the first time in a decade, setting a higher bar for non-bank financial businesses providing small personal loans in the world’s second-largest economy. The stricter measures, which will take effect on April 18, come amid a regulatory tightening across China’s financial […]
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CashNews.co China Finance Online (NASDAQ:JRJC) says its chairman, Zhiwei Zhao, is being investigated by the Chinese authorities and he is cooperating with the investigation. Separately, the Xicheng Branch of Beijing Municipal Public Security Bureau, the same agency that’s investigating Zhao, requested that Beijing Zhengjin Read More #cashnews #China #finance
CashNews.co Chinese e-commerce behemoth Alibaba Group Holding Limited is investing nearly USD194 million into a Chinese financial news media company. Alibaba Group signed a strategic agreement with Shanghai Media Group to leverage both companies’ Internet technology and media resources to penetrate China’s financial information services industry. Alibaba Group intends to invest CNY1.2 billion into China […]
CashNews.co Published On : 08/15/2022 By Chibuike Oguh New York (Reuters) – Global equities and the U.S. dollar advanced on Monday despite weaker-than-expected economic data in China that prompted the country’s central bank to cut its lending rate, stoking concerns of a global recession. The People’s Bank of China unexpectedly cut key interest rates on […]
CashNews.co Woonsocket, RI (02895) Today Considerable cloudiness. Low near 55F. Winds E at 5 to 10 mph.. Tonight Considerable cloudiness. Low near 55F. Winds E at 5 to 10 mph. Updated: October 22, 2020 @ 3:35 pm Read More #cashnews #China #finance