A number of Chinese banks have failed to recognize loans gone sour on their books to avoid having to stump up capital. Loans to borrowers that have missed a payment are growing three times faster than ...More
EJ Insight2015-11-19
Hong Kong is an increasingly powerful magnet for mainland Chinese companies which have been moving into Central district in greater numbers. The trend is sparking soaring rents, forcing some western i ...More
EJ Insight2015-11-11
China's economy is facing strong headwinds. Many firms sink deeper into losses and find it hard to collect receivables. As bad debts rise amid the slowing economy, how can banks lend out their clients ...More
EJ Insight2015-11-06
While Hong Kong was on public holiday for the Chung Yeung Festival, the mainland stock market was open. After days of gains, the Shanghai Composite Index started falling in the afternoon, closing down ...More
EJ Insight2015-10-22
The People's Bank of China wants lenders to optimize their shareholding structures, seek private capital and increase employee equity ownership to make them more efficient. Yet, the initiatives probab ...More
EJ Insight2015-06-25
The financial industry will undergo a restructuring amid the rise of internet technology, against the backdrop of digital information and globalization. More and more banks that focus on specific sect ...More
EJ Insight2015-06-20
Chinese authorities are expected to begin issuing newly-developed virtual identity electronic identification, or eID, to all citizens in the near future as part of efforts to enhance cyber security. E ...More
EJ Insight2015-06-10
Policy incentives outlined during China's annual "two sessions" have fed speculative interest in the market in the last two weeks. In particular, the financial sector has become the biggest beneficiar ...More
EJ Insight2015-03-16
The high-profile hongbao promotions over the Lunar New Year holiday, in which online finance firms highlighted the ease of transferring cash over their platforms, helped stoke internet fever on the A- ...More
EJ Insight2015-03-04
The People's Bank of China (PBoC) last week cut banks' reserve requirement ratio (RRR) by 50 basis points, a move that came as a surprise for some market participants. The decision does make sense gi ...More
EJ Insight2015-02-09
Anbang Insurance Group Co. Ltd. racked up a 22 percent stake in Minsheng Banking Corp. Ltd. (01988.HK, 600016.CN) in a series of offshore deals last year, the Hong Kong Economic Journal reported Wedne ...More
EJ Insight2015-02-04
China Minsheng Banking Corporation's (01988.HK) former chairman Dong Wenbiao is said to be under an anti-graft investigation from the Chinese Communist Party's disciplinary watchdog. Dong would face s ...More
EJ Insight2015-02-03
China Minsheng Banking Corp. Ltd. (01988.HK) president Mao Xiaofeng resigned over the weekend for personal reasons, sparking speculation he is under investigation for corruption, the Hong Kong Economi ...More
EJ Insight2015-02-02
Non-government organizations (NGOs) in Hong Kong that operate in mainland China are watching with anxiety a new law that will regulate the sector and may force them to stop funding some of their clien ...More
EJ Insight2015-01-07
