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27.05.26 - 11:00
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A 30% rally in BOE Tech shows how AI buildout can galvanise Chinese LCD maker (SCMP)
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BOE Technology is on investors' radar screens again after announcing its foray into a business linked to artificial intelligence infrastructure, causing the stock price of the Chinese maker of liquid-crystal displays (LCDs) to rally following years of listlessness.
Yuan-denominated shares of the world's biggest LCD maker have surged more than 30 per cent in Shenzhen over the past week after the company said last week that it would partner with Corning, the US manufacturer of optical fibres and......
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16.04.26 - 14:36
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China′s PBOC raises leverage ratios for foreign lenders to support outbound investment (SCMP)
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Beijing has raised the limit on banks' overseas lending – a move that analysts say will support Chinese firms in outbound investment expansions while helping to stabilise the yuan.
Regulators raised the overseas-loan leverage ratio for foreign banks in China and their joint ventures with Chinese lenders from 0.5 to 1.5 on Wednesday, according to a statement published by the central bank and the foreign exchange regulator.
In a separate statement, the regulators said that the new rules would......
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09.04.26 - 11:48
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China′s central bank issues rare public rebuke of Xin Hua Fund over reporting failures (SCMP)
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Xin Hua Fund Management has been reprimanded by China's central bank for submitting inaccurate financial data and failing to rectify the issue in a timely manner, in a rare public rebuke of a mutual fund firm over compliance lapses.
The Chongqing branch of the People's Bank of China summoned the firm for regulatory talks, according to a statement on its website, ordering it to strengthen oversight of raw data quality and improve its financial reporting practices.
During the meeting, regulators......
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12.03.26 - 11:01
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Amid OpenClaw frenzy, China′s central bank adds to cybersecurity warnings (SCMP)
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China's central bank has called for heightened cybersecurity awareness and caution in the use of artificial intelligence in the financial sector, adding to a chorus of warnings over security risks amid the nationwide buzz surrounding the OpenClaw AI agent.
At its annual technology conference in Beijing on Wednesday, the People's Bank of China called for further efforts to “enhance the resilience of cybersecurity and data security”, according to a readout of the meeting posted on its website.
The......
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Notenbank China 15740.9645 -0.25% (China A50 Kurs)
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