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Chinese Lehman moment as "jingle mail" arrives

Chinese Lehman moment as "jingle mail" arrives
macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.

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Regulator vows guidance to help address mortgage default risk

Coincidentally, Central China’s Henan Province, a major agricultural production province that blazed the trail of the country’s village banking push and that was the birthplace of Evergrande founder Xu Jiayin, has been in the news lately, as troubles at several local village banks and multiple local undelivered property projects, according to market observers, flag the need for a tougher stance on regulation over rural banks and presale homes.

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Investegate |HendersonFarE IncLtd Announcements | HendersonFarE IncLtd: Half-year Report

Investegate announcements from HendersonFarE IncLtd, Half-year Report ....

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Bankers are still standing behind dirtiest fossil fuel | Tim Quinson / Bloomberg

Granted it’s still early in 2022, but signs are emerging that the amount of financing going to coal-related projects is running at a rate that’s more than double last year’s pace. With the first quarter coming to a close, banks (mostly based in China) have helped coal companies raise $9.9 billion via… ....

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Bank of China to boost credit risk control as bad loan buffer grows more slowly

Bank of China Ltd. said it will double down on credit risk control in 2022 after its buffer against bad loans grew at the slowest pace in at least four years. The nation’s fourth-largest bank by assets earmarked 390.54 billion yuan as loan loss provisions in 2021, up 5.9% from a year earlier, according to . ....

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