Chinese
HSBC says growing Chinese wealth fuels client investments in US
HSBC’s wealthy clients in China and Hong Kong are still eager to invest in the US, according to Michael Roberts, the bank’s CEO for the USA and Americas.
China’s economic...
Gucci-owner Kering posts 10% drop in Q1 sales on sluggish Chinese demand
FRENCH luxury group Kering reported a 10 per cent drop in first-quarter sales on Tuesday (Apr 23), dragged down by a slowdown at its star label Gucci, which suffered...
UBS lifts Chinese stocks to overweight in rare upgrade call
UBS Group raised its recommendation on a key Chinese stock index to overweight in a rare upgrade call this year, underscoring the tentative optimism that the market is finally...
Chinese quant funds expand abroad as rules tighten at home
CHINA’S data-driven quant trading funds are briskly expanding overseas as competition heats up at home and regulators tighten scrutiny of the US$260 billion sector.
Meridian & Saturn Capital (MS Capital),...
Chinese banks hold lending rates with yuan under pressure
BANKS in China maintained their benchmark lending rates on Monday (Apr 22), following the Chinese central bank’s recent decision to stand pat on monetary policy.The one-year loan prime rate...
Chinese developer Landsea misses offshore notes redemption
MAINLAND based mid-sized property developer Landsea Green Management said in a filing on Sunday (Apr 21) that slow sales meant it failed to redeem some US dollar notes and...
Chinese carmaker Chery to employ 1,250 people at Spanish plant
CHINESE carmaker Chery and its Spanish partner Ebro-EV Motors said on Friday (Apr 19) they expect to create 1,250 jobs and produce 150,000 vehicles a year, mostly electric, at...
Taiwan says new Chinese air routes threaten islands’ flight safety
TAIWAN said on Friday (Apr 19) China’s decision to open new air routes that run perilously close to two Taiwanese-controlled islands was a flight safety risk taken without consultation,...
