The unpredictability of China’s regulatory measures make the country unappealing to foreign investors in the short-term, following its latest crackdowns on the technology, property and education sectors, global fund managers said. However, if these measures were turned into meaningful reforms …
China’s finance ministry said on Wednesday it will make it harder for ownership changes to be made to financial institutions that could lead to the government relinquishing control, in a bid to prevent the loss of state assets. Effective Dec. …
HSBC has a three-year head start on its foreign investment banking rivals in China because of the British bank’s unique position of having management control of its securities venture there, chief executive Stuart Gulliver said on Thursday. Gulliver’s comments come …
American International Group Inc. Chief Executive Officer Robert Benmosche raised doubt about whether the company will complete a sale of its plane-leasing unit to a Chinese investor group by a deadline this month. “June 14, we have to make a …
