FINTS Morning Brief (28 Oct 2016)

The average land price in 105 major Chinese cities increased to 3,676 yuan per square meter in the third quarter, up 1.4% YoY: Ministry of Land and Resources 63 out of 70 large and medium-sized…


FINTS Morning Brief (27 Oct 2016)

Online sales of packaged foods, alcoholic drinks and personal care products in China are expected to continue growing, thanks to a key demographic that is relying more on e-commerce for their daily necessities, according to…


FINTS Morning Brief (26 Oct 2016)

China led the global Q3 green bonds issuance, accounting for 44% of global issuance: Moody Outstanding loans extended by China’s micro-credit firms amounted to 929.3 billion yuan by the end of September: PBoC China will…


FINTS Morning Brief (25 Oct 2016)

China’s state news agency Xinhua denounced various domestic media for reports saying the government planned to increase income tax for the country’s “high income” population whose annual wages exceed 120,000 yuan: FINTS Germany’s Economy Ministry…


FINTS Morning Brief (24 Oct 2016)

China Banking Regulatory Commission bans irregular inflow of loans or wealth management funds into the property sector: FINTS Jack Ma (founder of Alibaba), Pony Ma (Chairman of Tencent), Ma Mingzhe (Chairman of PingAn Insurance) and…


FINTS Morning Brief (21 Oct 2016)

China strictly bans raising loans from government in the name of Public-Private-Partnership Project: Ministry of Finance Walmart Stores Inc collaborates with JD.com, a Chinese e-Commerce website to offer more shopping options for online customers in…


FINTS Morning Brief (20 Oct 2016)

China encourages the private sector to invest in urban water and gas supply: FINTS China Minsheng Banking Corp denies the rumors that it is studying to set up an asset management firm for disposal of…


FINTS Morning Brief (19 Oct 2016)

China will strongly support domestic firms to cope with anti-dumping investigations: Ministry of Commerce China Southern Airlines, China National Aviation Holding Company and China Eastern Airlines jointly established China Aviation Supplies Co Ltd, with China Southern…


FINTS Morning Brief (18 Oct 2016)

Shenzhen – Hong Kong Stock Connect will start a two-day whole network test on Oct 22-23: FINTS The Ministry of Commerce said on Monday that more will be done to support and nurture e-commerce businesses…


FINTS Morning Brief (17 Oct 2016)

China’s President Xi Jinping warned on Sunday at BRICS summit that the global economy was still going through a treacherous recovery, adding that the economic fundamentals of BRICS remained unchanged: FINTS About 437 million locked-up…


FINTS Morning Brief (14 Oct 2016)

China September materialized foreign direct investment (FDI) edged up 1.2% YoY, which brings actual FDI growth in the first nine months to 4.2%: Ministry of Commerce The China Securities Regulatory Commission approved 4 Qualified Foreign…


FINTS Morning Brief (13 Oct 2016)

The National Development and Reform Commission releases a policy documents containing 26 measures aimed at prompting private investment, improving financial services, reducing corporate costs and updating administrative services: FINTS China International Capital Corporation Limited (CICC)…


FINTS Morning Brief (12 October 2016)

Mainland-listed companies have invested nearly 10 billion yuan in the Chinese property market; 60% of such investment has flown to Beijing, Shanghai, Guangzhou and Shenzhen, according to data released by Shanghai and Shenzhen bourses. The…


FINTS Morning Brief (11 October 2016)

Everbright Real Estate grossed 280.6 billion yuan in sales income for the first months, surpassing Vanke to become the industry leader in terms of sales amount: FINTS Foton Motor and Baidu signs a strategic cooperation…


FINTS Morning Brief (10 October 2016)

China’s bad loan risks are controllable despite an increase in bad loans: PBoC The Caixin China Service PMI (Purchasing Manager’s Index) came in at 52 in September, slightly down from 52.1 in August but higher…