Edition:
United Kingdom

Engen Tham

China's international schools struggle as teachers, students remain stuck abroad

04 Sep 2020

SHANGHAI China's international schools are reopening this month but will be short of key elements - teachers and pupils.

UPDATE 3-China's BoCom posts first H1 profit fall since listing as bad debts rise

28 Aug 2020

* NIM 1.53% at end June vs 1.55% at end March (Adds comments from officials)

Ping An Insurance to be 'extremely cautious' in second half amid virus rebound fear

28 Aug 2020

HONG KONG/SHANGHAI Ping An Insurance Group Co of China Ltd on Friday said it will be 'extremely cautious' in the second half of this year due to fear of another wave of novel coronavirus cases, and that it has increased provisions as a precaution.

UPDATE 2-Ping An Insurance to be 'extremely cautious' in H2 amid virus rebound fear

28 Aug 2020

* Ping An says new insurance sales hit by pandemic (Adds quotes from co-CEO interview)

Exclusive: Chinese banks prepare contingency plans over threat of U.S. sanctions - sources

09 Jul 2020

BEIJING/HONG KONG/SHANGHAI Chinese state lenders are revamping contingency plans in anticipation of U.S. legislation that could penalise banks for serving officials who implement the new national security law for Hong Kong, sources at five state financial institutions said.

Exclusive: EY finds China copper smelter Fangyuan has misstated accounts - sources

18 Jun 2020

BEIJING/SHANGHAI A report by auditor EY found that Shandong Fangyuan Nonferrous Metals Group, China's biggest privately held copper smelter, has been overstating its profit and production levels while understating its debt, according to two sources with knowledge of the matter.

CORRECTED-EXCLUSIVE-EY finds China copper smelter Fangyuan has misstated accounts -sources

17 Jun 2020

BEIJING/SHANGHAI, June 17 A report by auditor EY found that Shandong Fangyuan Nonferrous Metals Group, China's biggest privately held copper smelter, has been overstating its profit and production levels while understating its debt, according to two sources with knowledge of the matter.

Chinese companies put U.S. listing plans on ice as tensions mount

10 Jun 2020

SHANGHAI/HONGKONG Chinese companies are putting off plans for U.S. listings as tensions between the world's top two economies rise, lawyers, bankers, accountants and regulators involved in what has been a major capital-raising route told Reuters.

Over 120 listed Chinese firms delay annual reports past regulatory deadline

01 May 2020

SHANGHAI The number of mainland China-listed firms to delay filing annual reports past the regulatory deadline of April 30 has surged to 129, from four the year before, an indicator of the level of disruption that will linger after coronavirus lockdowns end.

China's big banks flag asset pressure due to virus, boding ill for smaller kin

30 Mar 2020

BEIJING/SHANGHAI China's largest state banks said the impact of restrictions on movement imposed to slow the spread of the coronavirus could pull down asset quality as borrowers struggle to repay loans, though they are likely big enough to weather any fallout.

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