Finance

Lifting of foreign-ownership cap to have little impact on China life insurers: Fitch - China Finance News
Finance

Lifting of foreign-ownership cap to have little impact on China life insurers: Fitch

China's removal of a foreign ownership cap on life insurers in 2020, a year ahead of schedule, will have limited impact on the domestic life market in the near to medium term.
Stocks end the week on a rebound - China Finance News
Finance

Stocks end the week on a rebound

Shanghai shares recover from the past three days of decline though total turnover on the two major bourses continues to shrink.
Global insurance premiums exceed US$5tn for the first time - China Finance News
Finance

Global insurance premiums exceed US$5tn for the first time

Global insurance premiums passed US$5 trillion mark for the first time in 2018, thanks to solid growth in non-life sector in China and other emerging Asian countries. 
Expanding market access boosts foreign firms' confidence in China growth - China Finance News
Finance

Expanding market access boosts foreign firms' confidence in China growth

After opening a mega perishable products distribution center in Guangdong Province in March, global retail giant Walmart plans to further increase investment in the Chinese market.
Food, tourism sectors lead shares decline - China Finance News
Finance

Food, tourism sectors lead shares decline

China stocks extended their fall on Thursday dragged down by losses in several sectors while Shanghai police investigation posed problems for Seazen Holdings.
Mainland, HK to deepen cooperation in securities regulation - China Finance News
Finance

Mainland, HK to deepen cooperation in securities regulation

Chinese mainland will deepen cooperation in securities regulation with Hong Kong to fully protect investors' rights and interests.
Losses for China stocks - China Finance News
Finance

Losses for China stocks

Food and beverage shares lead the drop with the petrochemical sector among other big losers as all three bourses report declines.
Deutsche Bank completes transaction under new SAFE rules - China Finance News
Finance

Deutsche Bank completes transaction under new SAFE rules

Deutsche Bank has completed its first centralized management transaction of yuan foreign debt for its clients under China's new rules for cross-border fund management.
IMF's Lagarde 'honored' to be tapped to head European Central Bank - China Finance News
Finance

IMF's Lagarde 'honored' to be tapped to head European Central Bank

IMF chief Christine Lagarde announced she would step down "temporarily" from the global crisis lender after being nominated to lead the European Central Bank.
China to ease restrictions in financial sector - China Finance News
Finance

China to ease restrictions in financial sector

China will end ownership limits for foreign investors in its financial sector in 2020, a year earlier than scheduled, Premier Li Keqiang said yesterday.
Jiuqiao heading for cultural supremacy China home prices remain largely stable in H1 Car buyers expect more for less Floating festivals of 24/7 music, partying India mulls exporting tobacco to China: official South African president gives full support to Huawei Car population reaches quarter billion China's new sci-tech board to start trading on July 22 Analysts hope US, China to reach trade deal soon Digital technology permeates Dow for growth Weekly new housing sales jump 18.2 percent Matchmaking for CIIE buyers and exhibitors Merger between CSSC&CSIC Alibaba, SoftBank, WeWork team up for tech platform Hangzhou plans new Finance City Consulting firm predicts auto sales slowdown Shanghai to have full 5G coverage by 2021 US Fed acknowledges rising economic uncertainties, reiterates appropriate pro-expansion policy Canada plans to reassure China on meat security system Chinese video platform TikTok spreads positive trends in Vietnam Tesla says battery problem caused vehicle fire Tightening property measures to continue in big Chinese cities WAIC announces SAIL awards for AI talent P&G student finds chemistry for cosmetics Chinese business jet debuts at Paris Air Show China's office rents among highest in the world NIO recalls over 4,800 cars sold in China Blank check company China Yunhong Holdings files for US IPO Firms' vital role in new STAR board China to increase support for FTZs Vodafone launches 5G service in UK using Huawei equipment L'Oreal aims for major expansion in China Services activity at lowest level since March Govt helping aspiring students with startups China reports falling auto exports in Jan-May Shui On tapping growing office demand New home sales stay strong Shanghai to better accommodate 2nd CIIE attendees Nissan sees digital connection, self-driving as future of autos J&J sets up Shanghai incubator for startups Amazon says it's 'still in China' China's consumption growth to hit 8.2% in H1: MOC
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