Xie Yu

Xie Yu joined the Post in 2015. She is the chief China finance reporter, covering the economy and development of financial markets.
Xie Yu
Xie Yu joined the Post in 2015. She is the chief China finance reporter, covering the economy and development of financial markets.

Latest from Xie Yu

China’s US$7 billion railway link to Laos is almost half done, on schedule to begin service in 2021

Laos is dependent on China to bankroll the US$7 billion project, raising concerns of being caught in a debt trap.

22 Mar 2019 - 1:49PM

Laos is dependent on China to bankroll the US$7 billion project, raising concerns of being caught in a debt trap.

China’s US$7 billion railway link to Laos is almost half done, on schedule to begin service in 2021
Shenzhen Transsion applies to raise capital on Shanghai’s technology board after taking Africa’s phone market by storm

Transsion, selling through its brands Tecno, Infinix and Itel, had 58.7 per cent of Africa’s mobile phone market in 2018, according to IDC data.

18 Mar 2019 - 10:45PM

Transsion, selling through its brands Tecno, Infinix and Itel, had 58.7 per cent of Africa’s mobile phone market in 2018, according to IDC data.

Shenzhen Transsion applies to raise capital on Shanghai’s technology board after taking Africa’s phone market by storm
Hainan Airlines sells two Boeing 737-800 planes for US$27.5 million to raise cash, after grounding 737 MAX 8
  • Embattled Chinese aviation conglomerate HNA Group to sell two Boeing 737-800 planes.
14 Mar 2019 - 8:38PM
  • Embattled Chinese aviation conglomerate HNA Group to sell two Boeing 737-800 planes.
Hainan Airlines sells two Boeing 737-800 planes for US$27.5 million to raise cash, after grounding 737 MAX 8
Electric carmaker Faraday Future seeks US$40 million for Nevada land as production plans unravel

Start-up founded by high-profile Chinese entrepreneur Jia Yueting bought the land in 2015 to construct a plant for its flagship model FF91, but plans were scrapped in 2017 after his financial situation worsened

14 Mar 2019 - 10:56PM

Start-up founded by high-profile Chinese entrepreneur Jia Yueting bought the land in 2015 to construct a plant for its flagship model FF91, but plans were scrapped in 2017 after his financial situation worsened

Electric carmaker Faraday Future seeks US$40 million for Nevada land as production plans unravel
Beijing orders banks to relax bad debt ratio for loans made to small companies
  • Banks can loosen non-performing loan ratio tolerance for small companies by an additional 3 percentage points, China’s top banking regulator says
13 Mar 2019 - 8:27PM
  • Banks can loosen non-performing loan ratio tolerance for small companies by an additional 3 percentage points, China’s top banking regulator says
Beijing orders banks to relax bad debt ratio for loans made to small companies
Chinese entrepreneurs’ pessimism stands out as Fidelity survey points to a gloomy 2019

Weaker consumer sentiment and increasing costs of doing business are the core drivers of this year’s pessimism, says Michael Sayers, equities research director at Fidelity

12 Mar 2019 - 10:55PM

Weaker consumer sentiment and increasing costs of doing business are the core drivers of this year’s pessimism, says Michael Sayers, equities research director at Fidelity

Chinese entrepreneurs’ pessimism stands out as Fidelity survey points to a gloomy 2019
People’s Daily website becomes top stock pick as it ratchets up censorship to new level, fuelling revenue expectations

‘Content risk control’ becomes new growth engine for People.cn. Traders are piling in.

12 Mar 2019 - 10:53PM

‘Content risk control’ becomes new growth engine for People.cn. Traders are piling in.

People’s Daily website becomes top stock pick as it ratchets up censorship to new level, fuelling revenue expectations
Beijing demands 30 per cent increase in banks’ lending to small companies in bid to boost flagging economy

Move announced by Premier Li Keqiang could inject US$230 billion worth of capital into SMEs, according to one analyst’s estimate.

5 Mar 2019 - 11:27PM

Move announced by Premier Li Keqiang could inject US$230 billion worth of capital into SMEs, according to one analyst’s estimate.

Beijing demands 30 per cent increase in banks’ lending to small companies in bid to boost flagging economy
Chinese farmers need lifeline to ride out wave of US imports in trade war deal, agribusiness tycoon says

New Hope Group chairman calls for central government subsidies to upgrade agriculture sector.

4 Mar 2019 - 12:08AM

New Hope Group chairman calls for central government subsidies to upgrade agriculture sector.

Chinese farmers need lifeline to ride out wave of US imports in trade war deal, agribusiness tycoon says
China scraps valuation limit to kick-start Xi Jinping’s technology board for home-grown companies to raise capital
Chinese physicist hit by US visa delay misses out on collecting prestigious science award

Quantum physicist Pan Jianwei was a no show in Washington on February 14 thanks to a delay in getting his US travel visa

28 Feb 2019 - 7:05PM

Quantum physicist Pan Jianwei was a no show in Washington on February 14 thanks to a delay in getting his US travel visa

Chinese physicist hit by US visa delay misses out on collecting prestigious science award
Shenzhen margin financier’s 5-for-1 funding goes some way to explain why a sense of deja vu is filling China’s stock market rally

Margin financing by private lending firms fuels leveraged trading as A share index rallied to its biggest one-day percentage jump in three years.

28 Feb 2019 - 1:47PM

Margin financing by private lending firms fuels leveraged trading as A share index rallied to its biggest one-day percentage jump in three years.

Shenzhen margin financier’s 5-for-1 funding goes some way to explain why a sense of deja vu is filling China’s stock market rally
China’s securities regulator raises doubts about readiness of new tech board in debut meeting with press
  • Yi Huiman, veteran banker and chairman of the China Securities Regulatory Commission, said he had been working with different research and audit departments to stabilise the market

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28 Feb 2019 - 12:14AM
  • Yi Huiman, veteran banker and chairman of the China Securities Regulatory Commission, said he had been working with different research and audit departments to stabilise the market

.

China’s securities regulator raises doubts about readiness of new tech board in debut meeting with press
China Minsheng Investment Group: debt-fuelled ‘aircraft of private businesses’ took off – and then the tank ran dry

China Minsheng Investment Group wanted to be China’s Morgan Stanley. It didn’t turn out that way.

23 Feb 2019 - 8:39AM

China Minsheng Investment Group wanted to be China’s Morgan Stanley. It didn’t turn out that way.

China Minsheng Investment Group: debt-fuelled ‘aircraft of private businesses’ took off – and then the tank ran dry
China’s Premier Li Keqiang warns central bank of ‘new potential risks’ posed by record loans in January

New yuan loans last month reached US$476.97 billion, almost triple the amount from December, after Beijing eased regulations in a bid to its boost slowing economy.

21 Feb 2019 - 6:44PM

New yuan loans last month reached US$476.97 billion, almost triple the amount from December, after Beijing eased regulations in a bid to its boost slowing economy.

China’s Premier Li Keqiang warns central bank of ‘new potential risks’ posed by record loans in January
Shares of ‘China’s Goldman Sachs’ jump after Alibaba raised its stake

Alibaba boosts its stake in China International Capital Corporation, making the e-commerce giant CICC’s third-largest shareholder.

20 Feb 2019 - 9:20PM

Alibaba boosts its stake in China International Capital Corporation, making the e-commerce giant CICC’s third-largest shareholder.

Shares of ‘China’s Goldman Sachs’ jump after Alibaba raised its stake
Alibaba acquires 4.84 per cent stake in mainland China bank CICC to become third-largest shareholder after Tencent

Alibaba, China’s biggest e-commerce platform, has acquired a 4.84 per cent stake in investment bank China International Capital Corporation to become its third-largest shareholder, according to a Hong Kong stock exchange filing.

19 Feb 2019 - 9:05PM

Alibaba, China’s biggest e-commerce platform, has acquired a 4.84 per cent stake in investment bank China International Capital Corporation to become its third-largest shareholder, according to a Hong Kong stock exchange filing.

Alibaba acquires 4.84 per cent stake in mainland China bank CICC to become third-largest shareholder after Tencent
China’s job market has worsened amid trade war, sharper slowdown ahead, Nomura report suggests

A recent surge in online searches for keywords such as “lay-offs” and “job seeking” suggests the job market in mainland China has deteriorated amid its ongoing trade war with the United States.

18 Feb 2019 - 8:10PM

A recent surge in online searches for keywords such as “lay-offs” and “job seeking” suggests the job market in mainland China has deteriorated amid its ongoing trade war with the United States.

China’s job market has worsened amid trade war, sharper slowdown ahead, Nomura report suggests
Minsheng sells Shanghai land stake at big discount after bond default

Minsheng sells holding in central Shanghai land site for US$1.8 billion, using the funds to pay off creditors

15 Feb 2019 - 12:45AM

Minsheng sells holding in central Shanghai land site for US$1.8 billion, using the funds to pay off creditors

Minsheng sells Shanghai land stake at big discount after bond default
China launches countrywide bonds health check as default wave looms

China’s National Development and Reform Commission has launched a countrywide inspection campaign to better assess risks, as more companies run into trouble repaying their debt amid a slowing economy.

13 Feb 2019 - 10:53PM

China’s National Development and Reform Commission has launched a countrywide inspection campaign to better assess risks, as more companies run into trouble repaying their debt amid a slowing economy.

China launches countrywide bonds health check as default wave looms
Chinese investment giant CMIG misses bond payment, sending shockwaves through US$11 trillion market

More private firms are facing default pressure this year as banks tighten their belts and refuse them loans

12 Feb 2019 - 6:14PM

More private firms are facing default pressure this year as banks tighten their belts and refuse them loans

Chinese investment giant CMIG misses bond payment, sending shockwaves through US$11 trillion market
At least eight guests struck down by norovirus at luxury Club Med Yabuli resort in northern China

Club Med confirms eight holidaymakers treated for the illness known as ‘winter vomiting bug’ at its resort in Heilongjiang province

11 Feb 2019 - 10:14PM

Club Med confirms eight holidaymakers treated for the illness known as ‘winter vomiting bug’ at its resort in Heilongjiang province

At least eight guests struck down by norovirus at luxury Club Med Yabuli resort in northern China
More Chinese companies scramble to issue profit warnings as debris field from M&A boom begins to surface

More than 280 mainland companies revised their earnings outlooks for 2018 by a deadline on Thursday, in a wave of write-downs tied to M&A boom, analysts say.

2 Feb 2019 - 8:13AM

More than 280 mainland companies revised their earnings outlooks for 2018 by a deadline on Thursday, in a wave of write-downs tied to M&A boom, analysts say.

More Chinese companies scramble to issue profit warnings as debris field from M&A boom begins to surface
‘Not impressive’: China’s ambitious stock market reform meets with lukewarm reaction

Groundbreaking reforms around new ‘technology and innovation board’ aim to make China’s stock market globally competitive

1 Feb 2019 - 8:01AM

Groundbreaking reforms around new ‘technology and innovation board’ aim to make China’s stock market globally competitive

‘Not impressive’: China’s ambitious stock market reform meets with lukewarm reaction
Developer Jiayuan surges after chairman’s collateral clarification, ends day 6.22 per cent higher
What do China’s reassignments of Liu Shiyu and Yi Huiman say about Xi Jinping’s policy priorities for the next few years?

China’s government promoted Yi Huiman, the chairman of the Industrial and Commercial Bank of China (ICBC), to head of the securities regulator to help steer the stock market toward an avenue for fundraising.

30 Jan 2019 - 9:54AM

China’s government promoted Yi Huiman, the chairman of the Industrial and Commercial Bank of China (ICBC), to head of the securities regulator to help steer the stock market toward an avenue for fundraising.

What do China’s reassignments of Liu Shiyu and Yi Huiman say about Xi Jinping’s policy priorities for the next few years?
China’s new securities regulator must implement wide-ranging reforms to revive flagging market fortunes

New CSRC chief Yi Huiman faces the uphill task of reviving confidence and installing reforms in world’s No 3 stock market.

28 Jan 2019 - 1:16PM

New CSRC chief Yi Huiman faces the uphill task of reviving confidence and installing reforms in world’s No 3 stock market.

China’s new securities regulator must implement wide-ranging reforms to revive flagging market fortunes
US$369.6 million in defaults at apparently cash-rich firms expose flaws in mainland Chinese auditing practices

Three Chinese companies have missed debt repayments over the past two months despite apparently high cash holdings, a development that has exposed deep flaws in auditing and financial disclosure practices in the country.

28 Jan 2019 - 1:42PM

Three Chinese companies have missed debt repayments over the past two months despite apparently high cash holdings, a development that has exposed deep flaws in auditing and financial disclosure practices in the country.

US$369.6 million in defaults at apparently cash-rich firms expose flaws in mainland Chinese auditing practices
Hong Kong exchange head clarifies listing rules as IPO hopes dim for cryptocurrency giant Bitmain
Chinese meat processor Yurun Food’s shares surge as missing boss, Zhu Yicai, returns home after almost four years

Zhu vanished in March 2015, reportedly detained by Chinese authorities and investigated for corruption

23 Jan 2019 - 6:26PM

Zhu vanished in March 2015, reportedly detained by Chinese authorities and investigated for corruption

Chinese meat processor Yurun Food’s shares surge as missing boss, Zhu Yicai, returns home after almost four years