Tuesday, December 1, 2020
Economy

China Eclipses US as Leading Overseas Market for Asia-Pacific Companies: HSBC Survey

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A survey from HSBC indicates that China has edged out the US as the biggest foreign market for firms located in the...
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Economy

Strategist Advises Investors to Raise Chinese Portfolio Allocations to 20% in Preparation for “New World Order”

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A Singapore-based investment strategist recommends lifting Chinese assets to around 20% of portfolios during the course of the 2020's, in order to...
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Banking

State-owned Bond Defaulter Owes USD$5.1 Billion to Chinese and Foreign Creditors

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A state-owned automaker who defaulted on a 1 billion yuan bond in October owes many billions more to multiple creditors in China...
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Economy

Meituan Posts 364.6% Profit Growth in Third Quarter of 2020

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Online shopping giant Meituan-Dianping has posted a strong performance in the third quarter of 2020 as China's economy continues to convalesce from...
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Economy

China Expands Foreign Investment Channels with $12.716B in New QDII Quotas Since September

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China has expanded avenues for domestic players to invest abroad via sizeable increases in the quota for Qualified Domestic Institutional Investors (QDII)...
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Banking

Chinese Banks to See 7% Profit Drop in 2020, NPL Ratio Set to Rise to 2%: Bank of China Report

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A report from one of China's big state-owned banks foresees a sizeable drop in the profits of the Chinese banking sector as...
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Banking

FINTECH

Economy

Meituan Posts 364.6% Profit Growth in Third Quarter of 2020

CBNEditor - 0
Online shopping giant Meituan-Dianping has posted a strong performance in the third quarter of 2020 as China's economy continues to convalesce from...
Read more
Finance

Kuaishou Could Acquire Payments License, Joins Ranks of Chinese Tech Giants Making Forays into Finance

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Chinese video-sharing platform Kuaishou could be preparing for a foray into the fintech sector by grabbing a payments license via the acquisition...
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Fintech

China’s P2P Lending Sector Crushed out of Existence Completely

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The era of unrestrained P2P online lending in China has come to complete end with the closure of the last few platforms...
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Finance

ECONOMY

China Eclipses US as Leading Overseas Market for Asia-Pacific Companies: HSBC Survey

Economy CBNEditor - 0
A survey from HSBC indicates that China has edged out the US as the biggest foreign market for firms located in the...
Read more

Strategist Advises Investors to Raise Chinese Portfolio Allocations to 20% in Preparation for “New World Order”

Economy CBNEditor - 0
A Singapore-based investment strategist recommends lifting Chinese assets to around 20% of portfolios during the course of the 2020's, in order to...
Read more

State-owned Bond Defaulter Owes USD$5.1 Billion to Chinese and Foreign Creditors

Banking CBNEditor - 0
A state-owned automaker who defaulted on a 1 billion yuan bond in October owes many billions more to multiple creditors in China...
Read more

Meituan Posts 364.6% Profit Growth in Third Quarter of 2020

Economy CBNEditor - 0
Online shopping giant Meituan-Dianping has posted a strong performance in the third quarter of 2020 as China's economy continues to convalesce from...
Read more

China Expands Foreign Investment Channels with $12.716B in New QDII Quotas Since September

Economy CBNEditor - 0
China has expanded avenues for domestic players to invest abroad via sizeable increases in the quota for Qualified Domestic Institutional Investors (QDII)...
Read more

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