State-run conglomerate China Merchants Group has made an informal bid to buy London's Baltic Exchange, becoming the latest contender for the business that has been the hub of the global shipping marke ...More
EJ Insight2016-03-17
Its vans and staff in gray uniforms with red and black stripes are a familiar sight around Hong Kong. SF Express, the largest private courier firm in China, with 310,000 employees, has just announced ...More
EJ Insight2016-03-15
China Merchants Capital is planning to launch 10 funds worth a combined 20 billion yuan (US$2.58 billion), the Hong Kong Economic Journal reports. That would bring the total under management to 20, va ...More
EJ Insight2016-03-14
Those who follow China’s ongoing annual “two sessions” conference should be familiar with so-called “zombie" companies, or debt-laden and unprofitable enterprises. At the National People's Congress, ...More
EJ Insight2016-03-12
Hong Kong bristles with modern edifices and colonial gems. The city’s skyline is a favored canvas to many Hollywood filmmakers and graces postcards and fridge magnets that fly off shelves at souvenir ...More
EJ Insight2016-03-10
WeChat Payment, a mobile payment service provided by Tencent Holdings (00700.HK), will launch operations in Hong Kong before the Chinese New Year, the Hong Kong Economic Journal reported Monday, citin ...More
EJ Insight2016-01-18
China's bond market could see rapid growth in the wake of the renminbi's inclusion in the International Monetary Fund SDR (special drawing rights) basket. Global companies including Daimler, HSBC, Ban ...More
EJ Insight2015-12-25
China Ocean Shipping Co., or Cosco Group, and China Shipping Group Co., two of the country's biggest shipping companies, are set to issue details of their multibillion-dollar merger plans, the Wall St ...More
EJ Insight2015-12-11
Weak November trade figures have led to accelerated capital outflow from China and sparked a fresh slide in the renminbi in offshore trade. The equity market also suffered, with the Shanghai Composite ...More
EJ Insight2015-12-09
The Shanghai Composite Index lost 12 points to close at 3,635 points on Thursday. The military sector moved abnormally in afternoon trading, and the authorities unveiled military reforms after the mar ...More
EJ Insight2015-11-27
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
China’s Landbridge Group has bought a long-term lease on the Port of Darwin in Australia’s north for A$506 million (US$370 million). The deal is part of Australia's effort to capitalize on rising Chin ...More
EJ Insight2015-10-14
The inaugural Eastern Economic Forum, attended by more than 1,000 investors from 24 countries including China in Vladivostok this month, shows the momentum of Russia’s pivot to Asia. China is an impor ...More
EJ Insight2015-09-12
China’s central bank added the most funds to the financial system in open-market operations in six months and sold the cheapest treasury deposits in five years as efforts to prop up the renminbi strai ...More
EJ Insight2015-08-25
The renminbi could depreciate further in the near term, possibly losing another 3 percent by the end of this year, after the Chinese central bank slashed the daily fixing rate by 1.86 percent on Tuesd ...More
EJ Insight2015-08-12
China's freeze on initial public offerings has seen hundreds of millions in fees evaporate for now, with 38 companies blocked from share sales before underwriters could push them out of the pipeline. ...More
EJ Insight2015-07-21
Bank of Communications (BoCom) recently became the first bank in mainland China to gain approval for mixed ownership and mixed operations. Niu Ximing, its chairman, revealed at the shareholders’ meeti ...More
EJ Insight2015-07-11
A public spat between the managements of Leshi Internet Information & Technology Corp. (LeTV), and Xiaomi Inc. probably triggered recent warnings from Chinese authorities, the Hong Kong Economic J ...More
EJ Insight2015-07-09
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 Shanghai Composite Index rebounded quickly Thursday after losing over 5 percent in intraday trading. It closed with a 0.76 percent gain at 4,947 points. The rise was mainly underpinned by the fin ...More
EJ Insight2015-06-05
