Friday, March 24, 2023

Big State-owned Banks Offer 180B Yuan in Financing for Development of Affordable Housing in Beijing

Lenders in the Chinese capital of Beijing have agreed to provide around 180 billion yuan in financing to support the development of affordable welfare...

Have Credit Suisse and SVB Failures Driven Exodus of Capital Back to China?

The recent failures of Credit Suisse and Silicon Valley Bank (SVB) may have created an exodus of capital to Hong Kong, as Chinese investors...

Postal Savings Bank of China Uses Digital Renminbi to Develop Smart Contracts for E-commerce

One of China's big state-owned banks is using the digital renminbi as the basis of new smart contracts that specifically target the country's huge...

China’s Real Estate Market to Stage Gradual Recovery Following Surge in February Sales: Zhongshan Securities

A leading securities house in China expects the country's real estate market to mount a gradual recovery before the end of 2023, following the...

China Evergrande Inks Deal with Offshore Creditors, Say It’s Confident Restructuring Will Avert Liquidation

Beleaguered estate giant China Evergrande Group has signed an agreement for the restructuring of its copious offshore debt burden. On March 22nd, China Evergrande...

China Sees Little Chance of Benchmark Rate Adjustment after Loan Prime Rate Stays Unchanged for 7th Month Straight

China's benchmark loan prime rate (LPR) has remained unchanged for the seventh consecutive month, with domestic analysts seeing little likelihood of zcjuxgmdng in the...

Big State-owned Banks Offer 180B Yuan in Financing for Development of Affordable Housing in Beijing

Lenders in the Chinese capital of Beijing have agreed to provide around 180 billion yuan in financing to support the development of affordable welfare...

Have Credit Suisse and SVB Failures Driven Exodus of Capital Back to China?

The recent failures of Credit Suisse and Silicon Valley Bank (SVB) may have created an exodus of capital to Hong Kong, as Chinese investors...

China’s Real Estate Market to Stage Gradual Recovery Following Surge in February Sales: Zhongshan Securities

A leading securities house in China expects the country's real estate market to mount a gradual recovery before the end of 2023, following the...

China Evergrande Inks Deal with Offshore Creditors, Say It’s Confident Restructuring Will Avert Liquidation

Beleaguered estate giant China Evergrande Group has signed an agreement for the restructuring of its copious offshore debt burden. On March 22nd, China Evergrande...

China Sees Little Chance of Benchmark Rate Adjustment after Loan Prime Rate Stays Unchanged for 7th Month Straight

China's benchmark loan prime rate (LPR) has remained unchanged for the seventh consecutive month, with domestic analysts seeing little likelihood of zcjuxgmdng in the...