Regulators ‘need to prevent financial risks more proactively and effectively’

China’s financial landscape in November witnessed a delicate yet strategic dance between stimulating economic growth and fortifying the bulwark against systemic risks, as both the money supply growth rate and…

China Sentences Evergrande Founder Xu Jiayin to Life in Prison for Large-Scale Financial Fraud, Imposing $2.4 Billion Fine on Group

The architect of one of China’s most spectacular corporate downfalls, Xu Jiayin (also known as Hui Ka Yan in Cantonese), the founder of the embattled property behemoth Evergrande Group, has…

DapuStor Corporation Plans H-Share Listing on Hong Kong Stock Exchange Amid Robust Financial Performance and Expanding Data Center Market

DapuStor Corporation, a prominent Chinese enterprise SSD and data-center storage manufacturer, has formally announced its board’s approval of a strategic plan to issue H shares and pursue a listing on…

Regulators ‘need to prevent financial risks more proactively and effectively’

China’s financial landscape in November witnessed a delicate balancing act, with key monetary indicators signaling a concerted effort to support economic growth even as top officials reiterated the paramount importance…

Hongkong Post to End Permanent Civil Service Contracts for New Staff Amidst Declining Mail Volume and Financial Strain

Hongkong Post is set to discontinue offering permanent civil service contracts to newly hired staff, a significant policy shift aimed at curbing costs as the postal service grapples with a…

China’s Financial Regulators Emphasize Proactive Risk Prevention Amid Accelerating Money Supply and Loan Growth

China’s financial landscape in November presented a nuanced picture, characterized by an accelerated expansion in money supply and a surge in new yuan-denominated loans, signaling robust support for economic growth.…

China’s Financial Regulators Balance Proactive Risk Prevention with Sustained Economic Growth Amid Surging November Money Supply and Lending

China’s financial landscape in November revealed a complex interplay of increased monetary stimulus designed to bolster economic growth alongside a steadfast commitment from regulators to prevent systemic financial risks. Data…

Hong Kong Deputy Financial Secretary Rejects "Just Another Big Chinese City" Claims, Citing Resilience and Anti-China Bias

Hong Kong’s Deputy Financial Secretary, Michael Wong, has forcefully refuted recent assertions by Stephen Roach, the former Chairman of Morgan Stanley Asia, that the city has devolved into "just another…

China’s Rapid Economic Growth Reveals Deepening Workforce Isolation: Couriers and Financial Professionals Top Loneliness Survey

In a significant revelation about the psychological landscape of its rapidly evolving workforce, a survey conducted by 58.com, a prominent online marketplace operator in China, identified couriers as the loneliest…

China’s Monetary Policy Navigates Growth Support with Urgent Financial Risk Prevention as Priority

China’s financial landscape witnessed a notable acceleration in money supply growth and new yuan-denominated loans in November, signaling a concerted effort to underpin economic expansion. This surge, however, unfolded against…