The Shanghai company where ‘zong’ is no longer king
2016-02-15
China is scheduled to release January economic data over the next two weeks. The consumer price index is likely to increase 1.9% year-on-year, while credit growth will be strong, Goldman Sachs Gao Hua forecasts in a research report. February consumer price index is likely to be even higher as food prices rose the most towards […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2016-02-15
The decision whether to remain part of the EU is obviously one for the British people and their elected representatives to make. But more than British and European interests will be affected by the outcome, so it is both legitimate and appropriate for …
2016-02-15
China's exports fell 11.2% year-on-year in January in the seventh straight month of decline, while imports tumbled 18.8%, the 15th month of decline. Both exports and imports came in far worse than expected. Exports declined after China has allowed the RMB to weaken nearly 6% against the U.S. dollar since last August. As a result, […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2016-02-15
Lack of demand at home and abroad dents trade while over-invoicing ramps up imports from Hong Kong
2016-02-15
Chinese currency leaps after supportive comments from PBoC
2016-02-15
Hong Kong's property price may drop 10% to 15% this year, after having already fallen a sharp 9.5% since September 2015, says a new research report by Standard & Poor's. The credit rating agency says that the average home price in Hong Kong is likely to fall 10% to 15% compared to 2015. Transaction volume […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2016-02-15
Baidu Inc.'s chief executive Robin Li has proposed to acquire the Chinese Internet search firm's majority stake in online video platform Qiyi.com in a deal giving Qiyi.com an enterprise value of around US$2.8 billion. In a statement issued last Friday, Baidu said Robin Li and Qiyi.com's chief executive Yu Gong have submitted a non-binding offer […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2016-02-15
The time-honored traditional Chinese medicine brand Tong Ren Tang says it accelerated its overseas expansion and opened nine new stores in the overseas market in 2015. In reporting the company's results for last year, the…
2016-02-15
Greater China-focused hedge funds posted their first month of losses since August 2015 and were down 5.98% in January with its long/short equity heavyweight declining 6.24% as Chinese equity markets came under pressure during the month. The loss came in the backdrop of the country's main CSI 300 stock index declining 21.04% during the month, […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2016-02-15
Fintech companies hoping to capture share in China's booming mobile market still need to focus on traditional computing. About 80% …