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
China's central bank is likely to cut interest rates and the reserve requirement ratio (RRR) for commercial banks across the board to boost liquidity in the coming year, China International Capital Co ...More
EJ Insight2014-12-18
Illegal structures have been found in the Bank of America Tower in Hong Kong's central business district, posing a fire safety hazard. The Buildings Department has ordered the bank to remove the struc ...More
EJ Insight2014-12-18
Chinese smartphone maker Xiaomi Inc. may find it difficult to sustain its growth pace going forward after making rapid strides in its first few years, according to an industry observer. "It is poss ...More
EJ Insight2014-11-26
Bottom line: Minsheng Bank's new stock incentive plan and ICBC's Mexico expansion reflect moves to make China's banking sector more market-oriented, providing potential upside for the lenders' underva ...More
EJ Insight2014-11-11
China's move to allow the establishment of private banks is the most important development in the country's financial sector, if not the whole economic field, so far this year. The landmark decision w ...More
EJ Insight2014-07-31
Tencent's ship came in last Friday. That was the day China gave the go-ahead for three private banks, including tech giant Tencent’s Webank. Banking on Tencent’s edge, Webank will focus on internet-ba ...More
EJ Insight2014-07-28
China’s first generation of entrepreneurs is approaching retirement age. Hurun Report, a wealth and market research firm, estimated in a report last year that the nation’s high net worth individuals w ...More
EJ Insight2014-07-18
