The State-owned Assets Supervision and Administration Commission aims to transform as many existing state-owned enterprises (SOEs) into investment companies as possible rather than set up new ones as ...More
EJ Insight2014-01-27
When founder Wang Wei {王衛} sold a quarter of his SF Express firm to a consortium last year for around 8 billion yuan (US$1.32 billion), many were left scratching their head -- Wang had not long said t ...More
EJ Insight2014-01-21
Fears of debt defaults are rising as the credit ratings of more local governments and companies lumbered with excess capacity are downgraded, the China Securities Journal reported Tuesday, citing anal ...More
EJ Insight2014-01-21
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Friday, Jan. 17: TOP STORIES Tencent launches fund product, stepping up co ...More
EJ Insight2014-01-17
Talk about a shortcut to a custom banking market. All it needs is a hook-up with a family-owned Hong Kong lender and one is halfway through. Better still, buying it completes the foray. That is one bi ...More
EJ Insight2014-01-14
Regulators have suspended China Merchants Bank Co. Ltd.'s (600036.CN) peer-to-peer lending business after two months of operation, the 21st Century Business Herald reported Tuesday, citing an unnamed ...More
EJ Insight2014-01-14
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Tuesday, Jan. 14: TOP STORIES Retailers see non-staple food prices up over ...More
EJ Insight2014-01-14
China Merchants Securities Co. Ltd. (600999.CN) plans to add about 100 jobs at its Hong Kong unit this year and double the unit's revenue over the next three years, with the aim of transforming itself ...More
EJ Insight2014-01-13
Guangdong, China’s largest provincial economy, is throwing down the GDP gauntlet to some of the world’s key economies. Initial figures from the province’s reform and development commission reveal that ...More
EJ Insight2014-01-07
China Merchants Bank Co. Ltd. (03968.HK, 600036.CN) said on Tuesday that its board has approved a proposal to draw up a "living will", Xinhua news agency reported Wednesday. The so-called living will, ...More
EJ Insight2013-12-26
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Monday, Dec. 23: Blackstone's Leung joins listing candidate Nan Fung Forme ...More
EJ Insight2013-12-23
Chinese banks have seen large-block transactions quite frequently in recent weeks on the nation's stock exchanges, China Securities Journal reported Thursday, citing stock exchange data. Agricultural ...More
EJ Insight2013-12-19
Anbang Property & Casualty Insurance Co. Ltd. is understood to have bought 347 million shares in China Minsheng Banking Corp., Ltd. (01988.HK, 600016.CN) for 2.9 billion yuan (US$477.71 million) o ...More
EJ Insight2013-12-13
Five Chinese banks will sell up to 15 billion yuan (US$2.47 billion) worth of negotiable certificates of deposit (NCDs) Friday, news portal Caijing.com reported Thursday, citing statements by the lend ...More
EJ Insight2013-12-12
China Merchants Securities Co., Ltd. (600999.CN) said it will set up a British subsidiary, investing up to US$22 million in the unit, the Panorama Network reported Wednesday. The subsidiary will apply ...More
EJ Insight2013-12-12
Anbang Property & Casualty Insurance Co. Ltd. has increased its shareholding in China Merchants Bank Co. Ltd. (03968.HK, 600036.CN) by 1.13 billion A shares, the bank said in a regulatory filing o ...More
EJ Insight2013-12-11
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Wednesday, Dec. 11: TOP STORIES Shanghai overtakes Hong Kong in competitiv ...More
EJ Insight2013-12-11
China Cosco Holdings Co. Ltd. (01919.HK, 601919.CN) is believed to have cashed in nearly 13.68 billion yuan (US$2.2523 billion) through the sale of 1.133 billion A-shares of China Merchants Bank Co. L ...More
EJ Insight2013-12-10
Hong Kong stocks closed higher Monday, bolstered by gaming plays and shipping counters. The benchmark Hang Seng Index rose 68 points, or 0.29 percent, to 23,881 points. The Hang Seng China Enterprises ...More
EJ Insight2013-12-09
Seven commercial banks have agreed to provide renminbi services to companies in the Shanghai Free Trade Zone. These include cross-border, two-way funding and cross-border borrowing. The lenders are Co ...More
EJ Insight2013-12-06
