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September 18, 2023
The Hong Kong stock market has moved higher in back-to-back sessions, gathering more than 170 points or 0.9 percent along the way. The Hang Seng Index now sits just above the 18,180-point plateau although it's tipped to open under pressure on Monday.
September 18, 2023
The involvement of two Chinese state-owned financial firms in Zhongrong International Trust Co's operations and management may diffuse risk at the troubled shadow bank but does little to ease concerns about missed payments, analysts and investors said. The shadow bank, which traditionally had sizable real estate exposure, missed payments on dozens of so-called trust products since late July, roiling markets and raising fears that China's financial system may be at risk from the proper...
September 18, 2023
The involvement of Chinese state-owned financial firms, Citic Trust and CCB Trust, in Zhongrong International Trust Cos operations and management is seen as a measure to diffuse risk, but it does little to alleviate concerns about missed payments. Zhongrong, a troubled shadow bank with real estate exposure, has missed payments on trust products, causing market turmoil and raising fears
September 18, 2023
/PRNewswire/ -- 2023 ESG Global Leaders Conference was held from September 13 to 15, with the theme of "Sustainable Economic Growth, Social Development, and...
September 18, 2023
Asian equities had a rough start to the week except for Mainland China, which outperformed the region while Japan was closed for the “Respect for the Aged Day” holiday.
September 18, 2023
BEIJING (Reuters) - The involvement of two Chinese state-owned financial firms in Zhongrong International Trust Co's operations and management may dif...
September 18, 2023
The 64-year-old Rosaryhill School is set to fade into history following a deal to merge with the privately run Dalton School Hong Kong. Once...
September 18, 2023
Caixin Global provides the latest China news headlines on politics, economy, business and finance with insight and in-depth analysis.
September 16, 2023
Troubled Chinese trust firm Zhongrong International Trust Co said it was unable to make payments on some trust products on time. Zhongrong International Trust has already missed payments... -September 15, 2023 at 10:31 pm EDT - MarketScreener