China will strengthen its economic policy and make more efforts to lower borrowing costs, said Yi Gang, governor of the People's Bank of China (PBOC),…
YUAN TALKS | 元傳媒
China’s central bank on Tuesday resumed cash injection via seven-day reverse repos after skipping the operation for almost two months. The People’s Bank of China…
Chinese tech giant Tencent Holdings announced a plan to invest 500 billion yuan ($70 billion) over the next five years in the so-called "new infrastructure",…
Chinese banks' bad loans have increased to a" high level" due to the impact of the coronavirus pandemic, warns the banking regulator. “Asset quality at…
China has accelerated the local government bond issuance this year to help the timely implementation of various projects to mitigate the impacts of the coronavirus…
Meituan Dianping, China’s largest on-demand services provider, posted a 12.6 per cent drop in first-quarter revenue, as the coronavirus pandemic disrupted the company’s food delivery…
Chinese banks could post flat or even falling profits in 2020 despite earnings growth in the first quarter, due to the coronavirus outbreak, the research…
Chinese Premier Li Keqiang shared the outlook in his 2020 Government Work Report on Friday as part of the annual parliamentary session, delayed by about…
Alibaba Group Holding said it expects revenue for its 2021 financial year to reach more than 650 billion yuan (US$91.1 billion), as China’s domestic consumption…
Hong Kong’s benchmark Hang Seng Index posted the steepest drop in nearly five years after Beijing announced the plan to pass a security law that will curb…
China has abandoned a numerical GDP growth target for 2020 and vows to increase government spending as the economy struggles in the wake of the…