Tuesday, December 1, 2020
Tags Corporations

Tag: Corporations

Economy

China’s Top 500 Companies See Asset-Profit Ratios Drop to 10 Year Low

CBNEditor - 0
The asset-profit ratios of China's top 500 companies have fallen to a decade-long low as asset expansion outpaces growth in revenues. The latest "2017 China...
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Chinese Banks Suspend Trading of Gold and Platinum Due to Concerns over Post-US Election Price Plunge

Banking CBNEditor - 0
A slew of leading Chinese banks have announced the suspension of trading of gold and platinum due to concerns over market volatility...
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Kuaishou Could Acquire Payments License, Joins Ranks of Chinese Tech Giants Making Forays into Finance

Finance CBNEditor - 0
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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Bank of China Forecasts 7.5% GDP Growth for China in 2021

Economy CBNEditor - 0
Big state-owned lender Bank of China (BOC) has issued a rosy forecast for Chinese GDP growth in 2021 following efforts to contain...
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Chinese Central Bank Undertakes 200B Yuan in MLF, 150B Yuan in Reverse Repos on 30 November

Banking CBNEditor - 0
The People's Bank of China (PBOC) has announced that it undertook 200 billion yuan in medium-term lending facility (MLF) operations and 150...
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