• Friday
  • April 18, 2014
  • Last updated: 5:55pm
Hong Kong




Refine Your Search

Sort by

Related Keywords

Search Results

Results 1 - 10 of 68 for state-owned enterprise

Related topics matching your search

Search results

  1. Business - Banking & Finance - BANKING

    Why China cannot have a 'Lehman moment'

    Posted Feb 24th 2014, 09:36am by Derek Scissors

    ... to a transaction cannot rely on another party to fulfil its contractual obligations. The Chinese banking system is dominated by the state and a handful of state-owned insurers that generate 80 per cent ... by non-financial state enterprises that tap state banks, then relend. Local government debt accumulation reflects trillions of yuan in wasted funds and may even signal a failed development model. ...

  2. Business - Banking & Finance - BANKING

    Banks face credit woes as market reform spurs defaults

    Posted Apr 04th 2014, 01:14am by KANIS LI

    ... be manageable for the sector. He believes only small and medium-sized enterprises in the steel and mining sector might have trouble paying their debts. The bad loans in those sectors would continue to increase over the next two to three years, he said. The government tended to allow more market-driven corrections in the financial system but big companies such as state-owned enterprises would ...

  3. Business - Banking & Finance - BANKING

    HKMA sees little risk in bank loans to China

    Posted Apr 16th 2014, 01:21am by Jasper Moiseiwitsch

    ... that of the HK$2.6 trillion in lending, half went to giant state-owned enterprises and 31 per cent to the mainland arms of large international firms with mainland operations. Only 19 per cent was to the mainland's private enterprises, the borrowers most exposed to a downturn in the economy. Yuen also clarified that HK$970 billion of the loans were from the Hong Kong branches of big international ...

  4. Business - Banking & Finance - BANKING

    Shanghai allows city-owned firm to buy bad loans from local banks

    Posted Mar 07th 2014, 02:40pm by Reuters

    ... and industries suffering from overcapacity being a key source of concern. Unlike the two provinces, Shanghai had authorised an existing state-owned firm, Shanghai State-owned Assets Operation, to buy ... State-owned Assets already owns equity in local banks, including Bank of Shanghai and Shanghai Rural Commercial Bank, and Guotai Junan Securities. The central government established four national ...

  5. Business - Banking & Finance - BANKING

    Concerns over a collapse in China’s underground banking sector resurface

    Posted Apr 09th 2014, 10:07am by DANIEL REN IN SHANGHAI

    ... Daniel Ren in Shanghai ren.wei@scmp.com Insolvency rumours lead to run on rural lender, raising questions about health of state-owned banks amid collapse of loan shark network Illegal ... stability. In Yancheng, government officials pledged to crack down on rumour-mongers while sidestepping questions about the health of state-owned financial institutions. However, several officials ...

  6. 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

    ... graduating from Wuhan University and holding a master’s from the University of Aberdeen in the UK. Prior to ABC, one of the “Big Four” state-owned banks in China, Sun Jing worked for the Bank of China and China Everbright Bank. However, people with knowledge of the ranking system in the country’s state-owned banks, which they say is similar to government bureaucracy, pointed out ...

  7. Business - Banking & Finance - BANKING

    Second branch of Chinese bank swamped as depositors pull cash

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

    ... It was the third consecutive day the state-owned lender faced a run on its branches, although officials insisted they had enough funds to meet withdrawals. "It is a sheer rumour," a bank official ... a state-owned bank and the government can print more money to pay us back," said one depositor. "I won't be worried unless all the banks across the country go bankrupt. By that time, ...

  8. Business - Banking & Finance - BANKING

    Minsheng net profit below market expectations

    Posted Jan 19th 2013, 12:00am by Ray Chan

    ... companies, keeping away from large state-owned enterprises that enjoy cheap funding from big banks. Government-controlled financial institutions prefer to issue loans to state-owned enterprises ...

  9. News - China - BANKING

    JP Morgan Chase faces US probe for hiring Chinese princelings

    Posted Aug 18th 2013, 09:30am by George Chen, Ray Chan

    ... of senior Chinese officials in the hope of winning deals from major state-owned enterprises. The revelation of JP Morgan's hiring of the son of China Everbright Group's chairman and a former railway official's daughter comes at a sensitive time for Sino-US relations. News of the investigation came ahead of state-owned China Everbright Bank's plan late this year ...

  10. Business - Banking & Finance - BANKING

    Bad loans rise sharply in Shanghai bank sector

    Posted Jun 21st 2013, 12:00am by George Chen

    ... to state-owned enterprises that were in better financial health, said the sources. Bad loans rise sharply in Shanghai bank sector ... branches of 10 of the biggest state-owned banks and some foreign banks with China headquarters in Shanghai, to "help each other" in the wake of the growing bad loan problem, said a banker ...




SCMP.com Account