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Top related persons:
Fang Xinghai - 2 Selena Li - 2 Tingshu Wang - 1 HONG KONG - 1 Sumeet Chatterjee - 1 Sharon Singleton - 1 didn't - 1 Andrew Collier - 1
Top related locs:
China Beijing HONG HONG KONG U.S Taiwan Hong Kong
Top related orgs:
China Securities Regulatory Commission - 2 Thomson - 2 REUTERS - 1 The China Securities - 1 Regulatory - 1 Fidelity International - 1 Fidelity - 1 Bloomberg - 1

Search resuls for: "Fang Xinghai"


6 mentions found


☆ China regulator met with foreign investors to alleviate concerns - sources
  + stars: | 2023-08-25 | by ( Selena Li | ) www.reuters.com   time to read: +2 min
[1/2] People walk past the China Securities Regulatory Commission (CSRC) sign at its building on the Financial Street in Beijing, China July 9, 2021. Fang Xinghai, a vice chairman of the CSRC hosted the meeting from Beijing, the sources said. An executive from Fidelity International was among those from the large funds attending, according to one of the sources. Bloomberg first reported the CSRC meeting on Friday. However, the modest stimulus has so far failed to satisfy investors, who want a stronger policy response, including massive government spending.
Persons: Tingshu Wang, HONG KONG, Fang Xinghai, Selena Li, Sumeet Chatterjee, Sharon Singleton Organizations: China Securities Regulatory Commission, REUTERS, Reuters, The China Securities, Regulatory, Fidelity International, Fidelity, Bloomberg, Thomson Locations: China, Beijing, HONG
☆ Exclusive: China invites global investors for rare meeting as economy sputters
  + stars: | 2023-07-14 | by ( Xie Yu Julie Zhu | Xie Yu | Julie Zhu | ) www.reuters.com   time to read: +5 min
The gathering comes at a time when global investors and banks are warning that confidence is waning in China's economic outlook. Such a meeting, with a clear agenda to discuss challenges facing global fund managers investing in China, is rare, the three sources said, and reflected Beijing's keenness to shore up confidence among foreign investors. Weighed down by strict COVID measures, China's economy grew just 3% in 2022, one of its worst showings in decades. The meeting is organized by China's fund regulator Asset Management Association of China (AMAC). U.S. dollar-denominated fundraising by China-focused venture capital and PE firms this year also had its weakest first half year in the past decade, data from industry tracker Preqin showed.
Persons: Fang Xinghai, didn't, Andrew Collier, Premier Li Qiang, Xie Yu, Julie Zhu, Selena Li, Kim Coghill Organizations: U.S ., Reuters, Canada's, Ontario, China Securities Regulatory Commission, Management Association of China, ., Orient Capital Research, Ant, Premier, Wednesday, Thomson Locations: HONG KONG, Beijing, U.S, China, Taiwan, Hong Kong
☆ Shanghai bourse kicks off week-long conference to woo global investors
  + stars: | 2022-11-08 | by ( ) www.reuters.com   time to read: +2 min
SHANGHAI, Nov 8 (Reuters) - The Shanghai Stock Exchange (SSE) kicks off on Wednesday a week-long global conference to promote China's capital markets, according to an official agenda, the latest in a flurry of activities by regulators to woo international investors. Participants at the annual SSE Global Investor Conference, to be held Nov. 9-16, and closed to the media, include Chinese regulators, executives from global banks and asset managers such as abrdn, Deutsche Bank and PIMCO. At the Global Financial Leaders' Investment Summit in Hong Kong last week, the country's senior financial regulators reaffirmed China's commitment to economic growth as a priority. Senior Chinese officials also sent similar messages at the China International Import Expo over the weekend. In the "fireside chat" section, senior officials from China's securities and foreign exchange regulators will talk about promoting the opening-up of China's capital market, and facilitating cross-border investment.
☆ China vows commitment to growth as investors bet on easier COVID policy
  + stars: | 2022-11-02 | by ( ) www.reuters.com   time to read: +6 min
Even though case numbers are rising and disruptive lockdowns continue with no clear exit strategy in sight, investors latched on to hope that China may ease its strict COVID policy in the coming months. Renewed COVID lockdowns are weighing heavily on China's business activity and consumer confidence. read moreOPEN-DOOR POLICYYi Gang, governor of the People's Bank of China (PBOC), said China will continue to deregulate its markets. While other countries have been tightening policy to battle rising prices, China has implemented an accommodative monetary policy to shore up sputtering growth, raising concerns about capital flight. With China's zero-COVID policy expected to remain in place through at least the winter, or longer, its near-term growth outlook is bleak.
☆ China vows commitment to growth as pressure on economy mounts
  + stars: | 2022-11-02 | by ( ) www.reuters.com   time to read: +5 min
Renewed COVID lockdowns are weighing heavily on China's business activity, consumer confidence and financial markets, adding to a sharp downdraft on the global economy from surging inflation and rising interest rates. OPEN-DOOR POLICYYi Gang, governor of the People's Bank of China (PBOC), said China will continue to deregulate its markets. With China's zero-COVID policy expected to remain in place through at least the winter, or longer, its near-term growth outlook is bleak. After surprisingly high gross domestic product growth of 3.9% in the third quarter, Nomura expects growth to drop again, with zero or even negative sequential growth from the previous quarter. "We maintain our GDP growth forecast of 2.8% year-on-year for the fourth quarter with a corresponding sequential growth forecast at 0.0%."
☆ Hong Kong's Lee touts 'China advantage' to rebuild city's image as financial hub
  + stars: | 2022-11-02 | by ( ) www.reuters.com   time to read: +3 min
[1/4] Hong Kong Chief Executive John Lee speaks during the Global Financial Leaders Investment Summit in Hong Kong, China November 2, 2022. REUTERS/Tyrone SiuNov 2 (Reuters) - Hong Kong leader John Lee pitched the city's connection with China in an address to some of the world's top financial executives, as he pushes to rebuild the COVID-ravaged city's image as a major financial hub. Chief Executive Lee told the Hong Kong Monetary Authority's Global Financial Leaders' Investment Summit on Wednesday the city would continue working towards lifting COVID restrictions. "Hong Kong remains the only place in the world where the global advantage and the China advantage come together in a single city," Lee said. Authorities, he said, were keen for more international companies to list in Hong Kong to grow the city's capital markets activities.
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