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  • April 18, 2014
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Results 1 - 10 of 29 for wang yang

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  1. 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 ... band. The move slowed the pace of depreciation. Yang said retail investors remained optimistic about the yuan, though some pressure for adjustments would be seen in the near term. HSBC's ...

    http://www.scmp.com/business/banking-finance/article/1470983/hong-kong-banks-compete-offer-better-terms-yuan-depositors
  2. Business - Banking & Finance - BANKING

    Alibaba's online fund Yu E Bao rakes in the yuan as banks suffer

    Posted Mar 01st 2014, 01:14am by Keira Lu Huang

    ... to have 400 billion yuan under management- with about 150 billion yuan added in the four weeks around the Lunar New Year, fund researcher Wang Qunhang said. That makes Yu E Bao China's biggest money market fund, said Wang, who is director in charge of funds evaluation at Ji'an Financial Information in Beijing. However, observers and researchers are cautious about whether ...

    http://www.scmp.com/business/banking-finance/article/1437553/alibabas-online-fund-yu-e-bao-rakes-yuan-banks-suffer
  3. Business - Banking & Finance - BANKING

    Chinese banks' asset quality remains under pressure

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

    ... in the third. Growth for this year was forecast at 7.4 per cent, a Bloomberg survey showed. Wang Tao, an economist at UBS Securities, expects mainland banks' bad loans to keep growing this year ... said "The overcapacity problem in various industries will be a major concern," Wang said. The bad-loan figures might not be able to reflect the actual loan quality of banks ...

    http://www.scmp.com/business/banking-finance/article/1428121/chinese-banks-asset-quality-remains-under-pressure
  4. 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

    ... data.” The anti-corruption crackdowns in China may have accelerated such trends Dali Yang, political scientist While offshore accounts do not imply illegal behaviour per se, the report comes ... on the Cook Islands or British Virgin Islands accounts include relatives of Deng Xiaoping, former president Hu Jintao and former premier Li Peng. For Dali Yang, a political scientist at the University ...

    http://www.scmp.com/news/china-insider/article/1410840/chinaleaks-chinas-elites-offshore-accounts-exposed-unprecedented
  5. News - China - BANKING

    JP Morgan Chase faces US probe for hiring Chinese princelings

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

    ... daughter were not alone. Industry sources told the Post that the daughter of Vice-Premier Wang Yang had worked for a major European investment bank for many years in Hong Kong. The daughter of Han ...

    http://www.scmp.com/news/china/article/1297521/jpmorgan-bribery-probe-over-china-hiring-report
  6. Business - Banking & Finance - BANKING

    Lenders offer new investment route

    Posted Oct 18th 2013, 04:31am by JANE CAI

    ... forced the China Banking Regulatory Commission in March to ask banks to cut exposure to non-standard WMPs, mostly trust firm-initiated products with high risks. Wang Yanxiu, the director ...

    http://www.scmp.com/business/banking-finance/article/1334071/lenders-offer-new-investment-route
  7. Business - Banking & Finance - BANKING

    Loans to small and micro firms 'crucial' for lenders

    Posted Aug 19th 2013, 12:00am by JANE CAI

    ... of China said. Wang Xiaoming, a vice-general manager of personal banking, said BOC had restructured and revised its processes since last year to facilitate micro loans to tap the "ocean" ... to grow its loan business, Wang said. "Large enterprises have their own problems, which will constrain them from growing rapidly," he said. "These companies have other financing ...

    http://www.scmp.com/business/banking-finance/article/1297632/loans-small-and-micro-firms-crucial-lenders
  8. Business - Banking & Finance - BANKING

    PBOC clears way for asset securitisation

    Posted Jul 06th 2013, 12:00am by Kwong Man-ki

    ... banks now have enough experience to cope with possible risks arising from securitisation," he said. "It's time to move forward from being a trial to something routine." Yang ... products," Yang said. Noting the lingering concerns over shadow banking, Yang said wealth management products and trust products were strictly regulated. "We can see shadow banking ...

    http://www.scmp.com/business/banking-finance/article/1276403/pboc-clears-way-asset-securitisation
  9. Business - Banking & Finance - BANKING

    China's asset-backed securities market expands despite worries

    Posted Sep 09th 2013, 12:00am by JANE CAI

    ... were safe because they were sold by semi-government agencies. These were the lessons China should learn, said Wang Jian, an economist at the US Federal Reserve Bank of Dallas, on his Sina ...

    http://www.scmp.com/business/banking-finance/article/1306573/chinas-asset-backed-securities-market-expands-despite
  10. Business - Banking & Finance - BANKING

    'Too big' ICBC announces slowdown in growth

    Posted Mar 28th 2013, 12:00am by JANE CAI

    ... stricter capital rules and the anticipation of an economic slowdown. "It is not so good to be the largest lender by assets," said ICBC's president, Yang Kaisheng. "It reflects ... owner" to "an asset manager" and use capital more efficiently, the bank had decided to slow down the expansion of its assets, Yang said. It aimed to increase total assets by 1.7 ...

    http://www.scmp.com/business/banking-finance/article/1201353/too-big-icbc-announces-slowdown-growth

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