XFA Weekly Review 2018 Issue 5_Xinhua Finance Agency

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Issue		5
2018


	2018/01/28 - 2018/02/03

Leshi says debts worth nearly 900 mln USD to mature in 2018

Leshi Internet Information and Technology, the listed arm of technology company LeEco, expects 5.62 billion yua of debts to mature this year..

Shanghai-London Stock Connect to speed up its final preparation

China agrees to accelerate the final preparations for the Shanghai-London Stock Connect and to review the timeline for its launch.

	Alibaba group to buy 33 percent stake in Ant Financial

	Alibaba announced that it will acquire a 33 percent equity interest in Ant Financial, which provides mobile payments, lending and credit services.


	Housing firms see remarkable surge in net profits in 2017

		Although real estate regulation kept strengthened in 2017, real estate enterprises basically achieved growth in profits last year.

Tencent, Wanda tie up to build new consumption

Wanda Commercial announced that a consortium led by Tencent Holdings will invest approximately 34 billion yuan to purchase 14 percent of its shares.

China takes tougher line on financial risks

A century-old Chinese bank became the latest target of a tightening financial clean-up in the world's second largest economy.

China fines 19 banking institutions over loan fraud

CBRChave imposed a fine of ￥52.5 mln on 19 banking institutions over a pledge loan fraud case in the country's central Shaanxi and Henan provinces.

Chinese SOEs make headway in mixed-ownership reform

China has made steady progress in advancing mixed-ownership reform among SOEs in a bid to enhance competitiveness and improve financial performance.

China's short video market sees explosive growth: report

iResearch, said that China's short video market was valued at 5.73 billion yuan (900 million U.S. dollars) in 2017.

China's A-share market to see bright future despite recent drops

China’s A-share market promises a bright future despite its extensive decline on Monday, an analysis by the China Securities Journal pointed out.

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