By Xie Yu and Selena Li HONG KONG (Reuters) – Harvest Fund Management, which manages $210 billion in assets, has laid off more than one-third … Read more
SHANGHAI/BEIJING (Reuters) – China’s major state-owned banks were active in onshore and offshore foreign exchange markets this week trying to contain the yuan’s slide, four … Read more
(Reuters) – Some of China’s top banks have sharpened scrutiny of smaller peers’ asset quality and have tightened standards for interbank lending, three sources said, … Read more
By Echo Wang NEW YORK (Reuters) – China Investment Corp (CIC) has hired a new North America head for its New York office, two people … Read more
By Francesco Guarascio HANOI (Reuters) – Chinese solar panel maker Trina Solar is planning to build its third factory in Vietnam, three people familiar with … Read more
BEIJING/SHANGHAI (Reuters) -China’s central bank is tightening its scrutiny of bulk dollar purchases by domestic firms, three sources with direct knowledge of the matter said … Read more
By Julie Zhu HONG KONG (Reuters) – Xiaomi Corp has won the approval of China’s state planner to manufacture electric vehicles (EVs), said two people … Read more
By Julian Luk LONDON (Reuters) – China’s largest private copper producer Nanfang Nonferrous is due to bring a major new smelter to production by October, … Read more
SHANGHAI (Reuters) – China’s major state-owned banks were seen selling dollars to buy yuan in the offshore spot market in early Asian trades on Thursday, … Read more
By Selena Li and Xie Yu HONG KONG (Reuters) – China’s CITIC Securities plans to move dozens of bankers from its offshore platform CLSA in … Read more
By Samuel Shen and Tom Westbrook (Reuters) – Qingdao city in China’s debt-laden Shandong province has set up a company to bail out its cash-strapped … Read more
By Julie Zhu HONG KONG (Reuters) -China’s central bank has asked major state-owned banks to be prepared to sell dollars for the local unit in … Read more