Advertisement
Advertisement
LIZ MAK

New | Mixed trading for Chinese ADRs as US, European stocks rally

The American Depository Receipts of e-commerce firm JD.com were up in the first session's trade in New York. Photo: AP

Disappointing economic data drags down world markets, China ADRs regain lost ground

A Bank of England official says the bank must balance growth against a slowdown in emerging economies. Photo: Reuters

New | Chinese ADRs mostly down in midday trading in the US amid flat closes in Europe

Amid comments by European Central Bank president Mario Draghi and flat data in France, Chinese shares traded in the US were mostly lower. Photo: AFP

New | Sea of red for Chinese ADRs as global market correction deepens

Amid concerns for global growth and the Volkswagen scandal, Germany's DAX closed lower on Tuesday. Photo: AFP
Advertisement

Alibaba shares tumble in midday US trade as lock-up period ends

One year ago, Alibaba Group founder Jack Ma Yun launched his company on the New York Stock Exchange. Photo: Reuters

New | ANZ chief Michael Smith says China needs time to change

Michael Smith says China must manage its own economy and ensure that the social balance does not get out of step. Photo: Bloomberg

CLSA says insider dealing investigation in China will have little impact on operations

Citic Securities has said that company president Cheng Boming and two other executives were under investigation for alleged insider trading and leaking inside information. Photo: Reuters

New | Is it time for mainland Chinese banks to finally turn from 'non-standard businesses'

China's banking industry is entering a new chapter with the People's Bank of China changing the rules on the loan-deposit and reserve requirement ratios. Photo: EPA

The time may have finally come for Chinese banks to turn away from "non-standard" business following the recent removal of the mandated 75 per cent cap on loan-deposit ratio and last Friday's surprise announcement for a liberalisation of the reserve rate ratio by the People's Bank of China.

Man Group China chairwoman Li Yifei finally reappears in public claiming she's been at a Taoist retreat

Li Yifei, chairwoman of hedge fund Man Group China. Photo: Reuters

China's central bank talks up stocks and currency stability to world worried by market turmoil

"The more the government tries to support the market, the more the market gets uneasy." Photo: EPA

Mystery at Man Group: Source claims group's operations not being investigated ... but where is China chief Li Yifei?

Li Yifei's whereabouts remain unknown. Photo: Imaginechina

Four days after Li Yifei, country chairwoman of Man Group in China, disappeared from the public scene, an insider at the world's largest publicly traded hedge fund has come out to say there is no probe against Man Investments' operations on the mainland.

Is 'disappearance' of top female hedge fund manager another sign Beijing is tightening its grip on volatile market?

Yuan liquidity crisis shows Hong Kong's soft spot as offshore hub

The Hong Kong Monetary Authority says the primary liquidity providers will help boost the city as an offshore yuan hub. Photo: Sam Tsang

Last week's yuan liquidity crunch has shone light on the cracks in the Hong Kong Monetary Authority's mechanism for maintaining yuan liquidity.

Yuan volatility plays out in Bank of China and Bank of China (Hong Kong) results

Deputy chief executive Lin Jingzhen, vice chairman and chief executive Yue Yi and chief risk officer Li Jiuzhong. Photo: K. Y. Cheng

Two of China's biggest banks post nearly flat profit growth

The funding base of Agricultural Bank of China has also been hit by interest rate cuts raising average costs on its deposit funding base by 5 basis points. Photo: Edward Wong

New | Hong Kong’s Dah Sing Bank profit surges 18.7 per cent in H1

A branch of Dah Sing bank in Hong Kong as the Dah Sing Banking Group, the holding company of the bank, reported the group’s first half net profit climbed 18.7 per cent to HK$1.2 billion. Photo: Warton Li

Hong Kong yuan pool faces record liquidity crunch

Since Beijing’s devaluation on August 11, the interbank rate for offshore yuan has climbed 6.6125 points or 190 per cent. Photo: AFP

China interbank market faces cash squeeze

The cost of obtaining yuan funding in Hong Kong is now 117 per cent more expensive than on the mainland. Photo: Bloomberg

It is an expensive time to be in the business of yuan banking, especially when the cost of capital is high and a liquidity crunch is putting a squeeze on margins.

New | Coastal slowdown rears its ugly head in Pudong Bank results

The bulk of Shanghai Pudong Development Bank's revenue is derived from the country's trading nerve centres. Photo: Bloomberg

China's central bank pumps 110 billion yuan into interbank market for second day

Some economists are calling the cash injections part of a new stimulus package aimed at boosting growth. Photo: Bloomberg

New | Chong Hing Bank gears up for push into China

Chong Hing vice-chairwoman Margaret Leung says the bank will face limitations in pursuing yuan business. Photo: Jonathan Wong

HK$3.71b rights issue planned by Chong Hing

Margaret Leung, deputy chairwoman of Chong Hing Bank, says Hong Kong being a mature market, has not been affected by "minor adjustments" of the yuan's pricing.

New | Banks in Hong Kong grapple with changing times

A fading glow.

Update | Yuan rebounds but investors head for the exits

Stacks of yuan are counted at a bank in China as the currency has apparently stabilized after falling the past three days following a surprise devaluation earlier in the week. Photo: AFP

Consolidation imminent as new rules hit China's P2P sector

This will deleverage peer-to-peer lenders, which have already seen restrictions from the People's Bank of China limiting how much they can source online. Photo: Reuters

Consolidation imminent as new regulations hit P2P

New | Insurers, private equity funds take slice of property lending pie from China's banks

Some developers have been denied loans from banks. Photo: Reuters

Update | China brokerages repackage margin loans into exchange-traded securities

The entrance to the Shanghai Stock Exchange where loan books for margin financing have been repackaged and securitized as an asset-backed securities product. Photo: Reuters

New | China's finance ministry grants 'bad bank' licences for non-financial distressed assets

There are no official statistics on corporate bad debts, but non-performing loans at banks have hit 1.39 per cent. Photo: AFP

New | China bad debts weigh down Bank of East Asia profits

While overall loan growth is still up, at 2.2 per cent, BEA has turned conservative with its mainland loans, which decreased 1.3 per cent. Photo: Sam Tsang

China's online finance platforms face uncertain outlook

The CSRC has issued a guideline document on P2Ps. Photo: EPA

Growth in the two darlings of mainland China internet finance - online money market funds and peer-to-peer lending (P2P) - have slowed after last year's freewheeling boom.

Related Topics
China Stock Turmoil 2015Property financingChina yuan devaluation 2015China debtBank of China (Hong Kong)