China stocks sank on Monday morning amid worries over tighter liquidity as 23 companies are poised to sell shares publicly this week, potentially locking over 3 trillion yuan ($478.84 billion) of capital. ... Read More
China’s trusts, part of the shadow-banking industry, fueled a stock-market rally by boosting their investments in equities by a record 122 billion yuan ($19.5 billion) in the fourth quarter. ... Read More
China’s yuan has become one of the five most widely used currencies in global payments, an international financial transactions agency announced today. The yuan passed the Canadian and Australian ... Read More
China’s Shanghai Composite Index surpassed 3,000 for the first time since 2011 and a gauge of the nation’s biggest companies headed for a record winning streak on optimism shares will extend ... Read More
China’s benchmark stock index headed for its biggest weekly advance in three years on optimism a slide in oil prices will reduce costs for transport companies and the central ... Read More
Yuan bears have added Chinese companies’ record dollar borrowings to the list of reasons why the currency may weaken. Chinese firms raised $196 billion from loans and bonds this ... Read More
China’s central bank and currency regulator are investigating a state media report that alleged Bank of China Ltd. broke rules on transferring money overseas, two government officials familiar with ... Read More
China’s chief auditor discovered 94.4 billion yuan ($15.2 billion) of loans backed by falsified gold transactions, adding to signs of possible fraud in commodities financing deals. Twenty-five bullion processors ... Read More
China will allow the yuan to be exchanged directly for British pounds from tomorrow in Shanghai as the world’s second-largest economy promotes the use of its currency in global ... Read More
Mismanagement at China Investment Corp., the nation’s $575 billion sovereign wealth fund, led to overseas investment losses that could widen, according to the National Audit Office. A dereliction of ... Read More
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