Japan’s Mizuho Financial Global issued an interesting article on Moody’s downgrade of China’s credit rating outlook to “negative” from “stable”. In an outright rebuttal to Moody’s actions, the Japanese financial institution issued scathing criticism of the rating agency, including statements such as “Western concerns over Chinese monetary policy are ludicrously misplaced”. It’s an interesting quick […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

…

Amid a series of business and executive reshuffles, the Internet finance arm of Ping An Insurance Company of China, Ltd. plans to appoint former president of Industrial Bank Co., Ltd. as its co-chairman to lead the unit forward, Caixin Media reported. Li Renjie, an 18-year veteran at Fujian province-based Industrial Bank, is in the process […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

…

Chinese e-commerce giant Alibaba Group Holdings Ltd. has officially entered the Virtual Reality (VR) field with an announcement of its own VR research lab and ambitious plans to become an industry leader. Alibaba plans to nurture both VR content production and hardware, leveraging its enormous resources in film, music and video. The e-commerce giant will […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

…

Shanghai-based food ordering mobile app Ele.me, one of the brightest stars in China’s hot O2O (online-to-offline) sector with a whopping valuation of US$4.5 billion, has seen its shine darkened by black clouds over the past two days. Ele.me was singled out in the Chinese national television station CCTV’s World Consumer Rights Day gala on March […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

…

China’s Panda Bonds market, referring to bonds issued by foreign institutions on the onshore market in China, will not grow rapidly in the short term due to several regulatory and market constraints, says a research report by Fitch Ratings. The Panda Bonds market is still in its formative stages with a total outstanding amount of […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

…

At a news conference on the final day of the National People’s Congress, Premier Li Keqiang sent clear signals that the government’s top priority is to sustain growth with more stimulus measures, which means structural reform could be postponed, says a research report by Shen Jianguang, chief Asia economist at Mizuho Securities Asia Ltd. Premier […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

…

The Chinese online alternative finance market grew to US$101.7 billion in 2015 from a relatively low base of US$5.56 billion in 2013, according to a joint research conducted by the Tsinghua University Graduate School at Shenzhen and the University of Sydney Business School, in collaboration with KPMG. The phenomenal growth in China led the overall […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

…

China seems to have cancelled the introduction of a new strategic emerging industries board in Shanghai, as a revised version of the country’s 13th Five-Year Plan removed the mention of such plans, the official Xinhua News Agency reported yesterday. China’s securities regulators and other government bodies have not made any formal announcements regarding the change. […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

…

Li Yinan, a former GSR Ventures partner focused on the telecommunications and Internet sectors, has been accused of insider trading during his time at the venture capital firm from 2011 to 2015. The case was heard yesterday the the Shenzhen City Intermediate People’s Court. Prosecutors accused Li of insider trading of Shenzhen-listed numeric control device […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

…

The stock and foreign exchange market volatility has driven capital into China’s property sector. With the introduction of “innovative” financial products to help home buyers circumvent down payment requirements, are Chinese banks creating a subprime mortgage bubble? The argument used to go like this: China won’t have a subprime mortgage bubble like the U.S. because […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

…