Until something changes, including more disclosure, Chinese banks’ operating performance will have little bearing on market perceptions
2013-09-01
China’s official manufacturing purchasing managers’ index (PMI) was 51.0 in August, up 0.7 point compared to July. The gauge has been above 50 for 11 consecutive month, according to China's National Bureau of Statistics. A number above 50 indicates expansion. All five sub-indexes showed improvement. The five sub-indexes measure production, new order, material inventory, employment […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2013-09-01
Beijing-based e-commerce firm LightInTheBox Holding Company Ltd. is facing a possible securities class action lawsuit against it and some of its senior officers. Law firm Robbins Geller Rudman & Dowd LLP says that a class action has been commenced in the United States District Court for the Southern District of New York on behalf of […]
2013-09-01
Jiang Jiemin is the highest-ranking official to be under investigation by China’s leaders as the country ratchets up its anti-corruption campaign
2013-09-01
Government policy support has helped boost China’s manufacturing sector with the PMI index climbing to 51 in August topping most forecasts
2013-09-01
Only three Chinese companies completed initial public offerings (IPO) in August, raising a total of RMB180 million ($29.4 million), the second lowest level this year, according to a report by ChinaVenture Investment Consulting Ltd. The three companies are Grand Ming Group Holdings Ltd., Gamma Logistics Corporation and China Commercial Credit, Inc. Grand Ming Group and […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.