China's brick-and-mortar banks are launching a counter-attack against the assault on their business from Alibaba and other Internet heavyweights.» Read More
HONG KONG, March 11- Hong Kong and China shares rebounded early on Tuesday, led by some mid-sized bank stocks on expectation the country's annual parliamentary session will not unveil more aggressive reforms that could trim margins or restrict their lending.
*China banks hit by new liquidity regulations. *Tencent sinks after Facebook's WhatsApp deal. HONG KONG, Feb 20- Hong Kong shares fell from a four-week high early on Thursday, and losses accelerated after a preliminary private survey showed manufacturing activity in China slowed to a seven-month low, stoking fears of a more severe slowdown.
HONG KONG, Feb 17- Having traded for years almost oblivious to the notion of risk, China's bond market, Asia's biggest outside Japan, has begun exhibiting characteristics of a genuine credit culture, with onshore investors demanding higher premiums for weak borrowers.
SINGAPORE, Feb 12- Chinese planemaker COMAC is learning the hard way as it tries to compete with heavyweights Airbus and Boeing in developing a narrow-body aircraft, apparently exposed to the perils of the supply chain and program management issues.
The deal, originally raised by China Credit Trust for an investment in a coal mining company and sold through the Industrial& Commercial Bank of China Ltd., is part of a burgeoning $6 trillion shadow banking sector.
A Chinese trust firm said on Monday it had reached an agreement to resolve a troubled high yield investment product.
Asian equities kicked off the week with sharp losses as fears over emerging markets continued to spook investors.
SHANGHAI, Jan 27- A Chinese trust firm said on Monday it had reached an agreement to resolve a troubled high yield investment product, just days away from what could have been a precedent setting default in China's shadow banking system.
*China Coal Energy further roiled by profit warning. HONG KONG, Jan 27- Hong Kong shares slumped to their lowest in five months on Monday, tracking a broad selloff in Asia as emerging economies became a new worry on top of ones about liquidity and growth in China.
China's shadow banking troubles may be causing more hand-wringing than usual, but the problem may not be as systemic as analysts believe.
Asian equities were mixed on Friday, as fears of a slowdown in China weighed down on the Nikkei.
SHANGHAI, Jan 24- China's top lender, which helped market a troubled shadow bank product, has said it will bear some responsibility for repaying investors and will inform them of its decision regarding the product before Jan. 28, the official Shanghai Securities News reported on Friday.
The Chairman of Industrial and Commercial Bank of China (ICBC), Jiang Jianqing, addresses concerns about non-performing loans (NPL) among Chinese banks in an interview with CNBC's Geoff Cutmore at Davos.
*Deutsche Bank's seat at gold fixing table a' tough sale'. LONDON, Jan 22- Deutsche Bank's decision to put its seat at the gold fixing table up for sale has raised questions about the future of the price benchmark. Gold price setting or "fixing", determining the benchmark for the billions of dollars traded every day, is nearly a century old.
*Deutsche Bank's seat at gold fixing table a' tough sale'. LONDON, Jan 22- Deutsche Bank's decision to put its seat at the gold fixing table up for sale has raised questions about the future of the price benchmark. Gold price setting or' fixing', determining the benchmark for the billions of dollars traded every day, is nearly a century old.
Mainland shares dropped below the 2,000 mark for the first time in six months over liquidity fears.
*First Tractor spikes on news of China's policy priorities. HONG KONG, Jan 20- China shares listed in Hong Kong fell to 4-1/ 2- month lows early on Monday, then trimmed losses after data showed the world's second-largest economy grew at a slightly faster-than-expected pace in the fourth quarter.
*China Credit Trust says pay out due on Jan. 31. SHANGHAI, Jan 17- The trust firm responsible for a troubled high-yield investment product sold through China's largest banks has warned investors they may not be repaid when the 3 billion-yuan product matures on Jan. 31, state media reported on Friday.
HONG KONG, Jan 17- China shares neared 5-1/ 2- month lows early Friday, diverging from Hong Kong markets, as the first initial public listing to debut in the mainland in more than a year rose sharply, drawing money from large-cap stocks.
HONG KONG, Jan 15- China shares again underperformed most of Asia early on Wednesday, limiting gains in Hong Kong, after weaker-than-expected money supply and loan growth data deepened concerns about tightening liquidity in the mainland.