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CHINA HUARONG SHARES
Explainer: How big are the Big Four accounting firms in China?Chinese regulators have imposed a six-month business suspension and a record fine of $62 million on PwC's auditing unit in mainland China o...- China Huarong falls 50% as trading resumes after 9-month haltWednesday's share trading resumption follows Huarong's announcement in November that it would receive fresh capital worth 42 billion yuan (...
- Inside the race to avert disaster at China’s biggest ‘bad bank’, the Huarong Asset Management CoHuarong Asset Management Co has been in full crisis mode ever since it delayed its 2020 earnings results, eroding investor confidence. Exec...
- World market themes for week ahead: Spring is (finally) in the airGlobal equities are down after three months of gains. But markets aren't far off record highs and price falls may reflect a setback for tec...
- Cost to cover default risks goes up for banksCredit Default Swaps, an insurance against default, tied to ICICI Bank and State Bank of India are now at elevated levels that were last se...
- China shares end lower on Sino-US tensions; Shanghai Composite Index slips marginallyThe blue-chip CSI300 index fell 0.2 per cent to 5,089.24, while the Shanghai Composite Index shed 0.2 per cent to 3,465.11.
- China getting serious about bad debtHybrid sales by finance companies had fallen 38% this year; credit analyst Nicholas Yap says banks raising capital to 'tackle higher loan i...
- Hong Kong shares up on strong China market, fading US rate hike fearsThe Hang Seng index rose 1.2 per cent to 22,730.93 points, while the China Enterprises Index gained 1.3 per cent to 10,538.19 points.
- Who shot down China bull? Regulator says hunt is on; Shanghai ends 6% down, slips 30% in 3 weeks; what experts sayChina's major stock index, SSE Composite Index plunged nearly 30% since June 12 including Friday's fall of 5.7 per cent.
- Residential site sold for a record $1.39 billion in BeijingThe record was previously held by a commercial- residential site in Beijing's central Hua Jia Hutong that was sold to Beijing Huarong for 7...
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