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  • April 19, 2014
  • Last updated: 4:18am
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Results 1 - 10 of 327 for chinese business

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  1. Business - Banking & Finance - BANKING

    Second branch of Chinese bank swamped as depositors pull cash

    Posted Mar 27th 2014, 12:58am by Daniel Ren

    ... and possible defaults of trust and wealth management products rippled through the system. Sheyang banking staff waved a business certificate issued by the China Banking Regulatory Commission's ... businesses, but hurt the morale of thousands of small-business owners who were reluctant to increase investments. Some residents in Sheyang were unfazed. "Why should we be worried. It's ...

  2. Business - Banking & Finance - BANKING

    Concerns grow over Hong Kong lenders' heavy credit exposure to mainland Chinese firms

    Posted Mar 26th 2014, 06:34am by Reuters

    ... concerns that an unprecedented surge in company debt on the mainland is now showing signs of unravelling. "The quality of these loans extended by Hong Kong banks to Chinese firms has not been ... year, Hong Kong banks' net claims on the mainland as a percentage of their loan book was nearing 40 per cent, compared with zero by 2010. Singapore has also ramped up its mainland Chinese ...

  3. Business - Banking & Finance - BANKING

    Brokers flee HSBC for Chinese investment banks in Hong Kong

    Posted Mar 11th 2014, 11:44am by George Chen; Kanis Li

    ... George Chen and Kanis Li Disputes over salaries prompt dozens of brokers to leave British lender for rivals in Hong Kong Disgruntled HSBC brokers flee to Chinese banks Dozens of former stockbrokers at HSBC have recently found new jobs at two rapidly expanding Chinese investment banks in Hong Kong after they left the British lender over disagreements on salaries. People familiar ...

  4. Business - Banking & Finance - BANKING

    Mainland bad loans rising but manageable

    Posted Apr 09th 2014, 01:40am by Kwong Man-ki

    ... for banks to manage the rise in loans that went bad, he said. Yan added that the banking regulator would continue supportive measures on loans to small businesses. Some Chinese banks had hesitated ... by Chinese banks may rise this year because of the government's efforts to eliminate excess capacity in some industries but the risk is controllable, Yan Qingmin, the vice-chairman of the China ...

  5. News - China Insider - BANKING

    Promotion of young Chinese banker with alleged military links sparks controversy online

    Posted Apr 03rd 2014, 04:14pm by Amy Li

    ... Amy Li chunxiao.li@scmp.com General's son Sun Jing's quick rise up the lender's ranks raises some eyebrows A young Agricultural Bank of China executive, said to be the son of a general from a People’s Liberation Army unit whose ex-leader is ...

  6. Business - China Business - BANKING

    Chinese lenders ready to fight back if profitability is threatened

    Posted Feb 11th 2014, 01:57am by JOE ZHANG

    ... and Amazon, for all their resources and popularity, not do in the United States what Yu E Bao is doing in mainland China? The reason is simple: the business model does not exist in the US. Why? ... But that business model has no "moat": the banks can do this for their customers at a tiny marginal cost. Thus far, they have not bothered to do it. But if the need arises, who is there to stop ...

  7. Business - Banking & Finance - BANKING

    Chinese banks' asset quality remains under pressure

    Posted Feb 15th 2014, 01:47am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Bad loans at mainland banks likely to rise further amid slowdown in economic growth Lenders' asset quality remains under pressure Mainland banks' asset quality will stay under pressure in 2014 as th ...

  8. News - China Insider - BANKING

    ChinaLeaks: Exposé on Chinese elite’s offshore accounts comes at sensitive time

    Posted Jan 22nd 2014, 07:26am by Patrick Boehler

    ... the promotion of so-called “naked officials"-- officials with direct family members abroad. Last year, at least 1.2 million cadres would have been affected, according to an estimate by Chinese ... relatives.” The business connection The ICIJ  report  also mentions some of China’s most prominent entrepreneurs, pointing to how the political dynasties have developed close ties with the country’s ...

  9. Business - Banking & Finance - BANKING

    ICBC mulls bid for Pioneer to extend global reach in asset management

    Posted Apr 03rd 2014, 05:16am by Reuters

    ... Reuters Chinese banks' global ambitions come as Euro lenders retreat from asset management business ICBC mulls bid for Pioneer Investments Industrial and Commercial Bank of China ... credentials Stewart Aldcroft, Citi Securities The global ambitions also come at a time when European banks are retreating from the asset management business in a bid to repair crisis-battered balance ...

  10. Business - Banking & Finance - BANKING

    Hong Kong banks vie for edge in yuan deposits with high rates

    Posted Apr 09th 2014, 11:14am by KANIS LI

    ... people in Hong Kong exchanged the yuan in recent weeks after seeing the currency had stabilised [from the first quarter]," said Yang Jiewen, head of the yuan business division at Bank ... bankers said. Some Chinese banks viewed the increased conversion as an opportunity to gain market share in yuan deposits and then pump the yuan to the parent company on the mainland for interest ...




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